59 Golf StreetNewingtonCT06111
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
Total monthly income runs $3,021/mo, and a $2,423/mo payment. Purchase price stands at $495,000, and rental yield measures 7.32% with $3,021/mo rent. Return on cash invested shows 17.4% in year one, and 5% annual appreciation builds toward $136,759 over five years. Five-year ROI reaches 90.21% and total cumulative return in cash records $148,030. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,021/mo property income covering a $2,423/mo payment rather than investor’s personal income.
Single Family
Built in 1909
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06111, Newington, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,986 (100%) |
| Owner Occupied HU | 10,293 (73.6%) |
| Renter Occupied HU | 3,052 (21.8%) |
| Vacant Housing Units | 641 ( 4.6%) |
| Median Home Value | $343,623 |
| Average Home Value | $367,720 |
Housing Distribution
Address Breakdown
Residential
13,030
Single Family
11,761
Multi-Family
1,269
Businesses
1,059
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bonnie Collins • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24098651
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.