6 Carriage DriveEast HamptonCT06424
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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 East Hampton at 6 Carriage Drive, East Hampton, CT, 06424 listed at $545,000 pairs $4,562/mo rent with a $2,668/mo payment to leave $859/mo cash flow. Total monthly income runs $4,562/mo, and annual cash flow reaches $10,302/yr on $179,305 cash to close. Return on cash invested measures 25.81% in year one, and rental yield registers 10.04% at a $545,000 basis. Equity gained on principal adds $3,517/yr, and annual property appreciation at 5% supports $150,573 by year five. Five-year ROI tracks 135.24% and total cumulative return in cash totals $242,496. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,562/mo property income relative to a $2,668/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2020
2.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06424, East Hampton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,591 (100%) |
| Owner Occupied HU | 4,342 (77.7%) |
| Renter Occupied HU | 834 (14.9%) |
| Vacant Housing Units | 415 ( 7.4%) |
| Median Home Value | $391,637 |
| Average Home Value | $449,440 |
Housing Distribution
Address Breakdown
Residential
5,345
Single Family
5,213
Multi-Family
132
Businesses
275
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Listed by: Nikki M. Defrancesco • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24129332
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