52 Chestnut LaneEast BerlinCT06023
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in East Berlin at 52 Chestnut Lane, East Berlin, CT, 06023 earns $79/mo cash flow from $2,117/mo rent with a $1,468/mo payment. Total monthly income totals $2,117/mo, and annual cash flow totals $950/yr on $99,417 capital. ROI tracks 20.86% on current figures, and rental yield reads 8.47% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 108.79% and total cumulative return in cash sums $108,160. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,117/mo property income instead of your personal income.
Single Family
Built in 1977
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06023, East Berlin, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 619 (100%) |
| Owner Occupied HU | 509 (82.2%) |
| Renter Occupied HU | 108 (17.4%) |
| Vacant Housing Units | 2 ( 0.3%) |
| Median Home Value | $441,503 |
| Average Home Value | $453,630 |
Housing Distribution
Address Breakdown
Residential
506
Single Family
506
Multi-Family
0
Businesses
160
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Listed by: Harry Finer • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24134590