566 Beach Pond RoadVoluntownCT06384
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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
Rental property for sale in Voluntown at 566 Beach Pond Road, Voluntown, CT, 06384 generates $3,253/mo in rent, after a $2,447/mo payment. Total monthly income is $3,253/mo. Return on cash invested sits at 18.87% in year one, and rental yield is 7.81% on a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 98.04% and total cumulative return in cash sums $162,500. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,253/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
1.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06384, Voluntown, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,167 (100%) |
| Owner Occupied HU | 936 (80.2%) |
| Renter Occupied HU | 139 (11.9%) |
| Vacant Housing Units | 92 ( 7.9%) |
| Median Home Value | $362,985 |
| Average Home Value | $390,553 |
Housing Distribution
Address Breakdown
Residential
1,041
Single Family
1,023
Multi-Family
18
Businesses
40
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Listed by: Erin Pepas • RE/MAX on the Bay
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24124878
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.