52 Thornridge DriveColchesterCT06415
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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 Colchester at 52 Thornridge Drive, Colchester, CT, 06415 earns $721/mo cash flow from $3,962/mo rent with a $2,335/mo payment. Total monthly income totals $3,962/mo, and annual cash flow totals $8,648/yr on $158,126 capital. ROI tracks 25.38% on current figures, and rental yield reads 9.97% at a $477,000 purchase. Equity gained on principal adds $3,078/yr, and 5% annual appreciation supports $131,786 over five years. Five-year ROI reaches 132.96% and total cumulative return in cash sums $210,251. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,962/mo property income instead of your personal income.
Single Family
Built in 1994
2.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06415, Colchester, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,191 (100%) |
| Owner Occupied HU | 5,223 (72.6%) |
| Renter Occupied HU | 1,325 (18.4%) |
| Vacant Housing Units | 643 ( 8.9%) |
| Median Home Value | $372,596 |
| Average Home Value | $404,128 |
Housing Distribution
Address Breakdown
Residential
6,910
Single Family
6,666
Multi-Family
244
Businesses
470
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Listed by: Tammy Boles-Senkewitcz • Asset Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24105138
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.