57 Elizabeth Circle #57Sandy HookCT06482
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
Investment property for sale in Sandy Hook at 57 Elizabeth Circle #57, Sandy Hook, CT, 06482 offers a 7.71% rental yield on a $484,900 purchase with $3,116/mo rent. 58% in year one. Equity gained on principal adds $3,129/yr while 5% annual appreciation supports $133,969 over five years. Portfolio math shows five-year ROI at 96.5% and total cumulative return in cash at $155,119. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,116/mo property income against a $2,373/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1998
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06482, Sandy Hook, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,264 (100%) |
| Owner Occupied HU | 3,728 (87.4%) |
| Renter Occupied HU | 353 ( 8.3%) |
| Vacant Housing Units | 183 ( 4.3%) |
| Median Home Value | $537,493 |
| Average Home Value | $565,190 |
Housing Distribution
Address Breakdown
Residential
4,173
Single Family
4,173
Multi-Family
0
Businesses
173
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David Landau • RE/MAX Right Choice
Mls Name: Smart MLS
Mls ID: #24141626