57 Bellevue TerraceSeymourCT06483
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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 Seymour at 57 Bellevue Terrace, Seymour, CT, 06483 priced at $449,900 converts $3,360/mo rent into $303/mo cash flow after a $2,202/mo obligation. Total monthly income equals $3,360/mo, and annual cash flow totals $3,638/yr on $149,142 invested. Return on cash invested prints 22.35% in year one, and rental yield reads 8.96% against a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation compiles into $124,299 by year five. Five-year ROI reaches 116.74% and total cumulative return in cash sums $174,106. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,360/mo property income covering a $2,202/mo payment, not borrower’s personal income.
Single Family
Built in 1964
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06483, Seymour, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,174 (100%) |
| Owner Occupied HU | 5,067 (70.6%) |
| Renter Occupied HU | 1,790 (25.0%) |
| Vacant Housing Units | 317 ( 4.4%) |
| Median Home Value | $397,734 |
| Average Home Value | $488,644 |
Housing Distribution
Address Breakdown
Residential
6,987
Single Family
6,150
Multi-Family
837
Businesses
452
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Listed by: Megan Pardee • RE/MAX One
Mls Name: Smart MLS
Mls ID: #24136547