53 Upland Meadow RoadSalisburyCT06068
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Salisbury at 53 Upland Meadow Road, Salisbury, CT, 06068 generates $5,224/mo in rent, after a $5,506/mo payment. Total monthly income is $5,224/mo. Return on cash invested sits at 12.4% in year one, and rental yield is 5.57% on a $1,125,000 entry. Equity gained on principal adds $7,259/yr, while 5% annual appreciation builds toward $310,817 over five years. Five-year ROI reaches 63.32% and total cumulative return in cash sums $230,792. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $5,224/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
3.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06068, Salisbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,186 (100%) |
| Owner Occupied HU | 563 (47.5%) |
| Renter Occupied HU | 209 (17.6%) |
| Vacant Housing Units | 414 (34.9%) |
| Median Home Value | $993,207 |
| Average Home Value | $1,192,420 |
Housing Distribution
Address Breakdown
Residential
451
Single Family
451
Multi-Family
0
Businesses
83
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Nearby investment properties with comparable prices
Listed by: Lenore Mallett • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls ID: #24091680