54 Heather LaneTerryvilleCT06786
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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 Terryville at 54 Heather Lane, Terryville, CT, 06786 at $530,000 posts ROI 26.45% with $929/mo cash flow from $4,530/mo rent. Total monthly income equals $4,530/mo, and annual cash flow records $11,148/yr on $174,370 to close. Return on cash invested measures 26.45% and rental yield reads 10.26% at the current $530,000. Equity gained on principal adds $3,420/yr, and 5% annual appreciation supports $146,429 by year five. Five-year ROI prints 138.7% and total cumulative return in cash totals $241,843.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,530/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1994
1.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06786, Terryville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,027 (100%) |
| Owner Occupied HU | 2,995 (74.4%) |
| Renter Occupied HU | 835 (20.7%) |
| Vacant Housing Units | 197 ( 4.9%) |
| Median Home Value | $271,494 |
| Average Home Value | $339,233 |
Housing Distribution
Address Breakdown
Residential
4,009
Single Family
3,939
Multi-Family
70
Businesses
263
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Nearby investment properties with comparable prices
Listed by: Julia Cordos • eXp Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24104038
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.