6 Evergreen ParkClintonCT06413
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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 Clinton at 6 Evergreen Park, Clinton, CT, 06413 uses $48,034 cash to close to unlock $1,400/yr annual cash flow and $117/mo monthly cash flow. Total monthly income runs $1,101/mo, and a $709/mo payment keeps the spread at $117/mo. Purchase price stands at $144,900, and rental yield measures 9.12% with $1,101/mo rent. Return on cash invested shows 22.82% in year one, and 5% annual appreciation builds toward $40,033 over five years. Five-year ROI reaches 119.29% and total cumulative return in cash records $57,301. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,101/mo property income covering a $709/mo payment rather than investor’s personal income.
Manufactured
Built in 2010
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06413, Clinton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,195 (100%) |
| Owner Occupied HU | 4,509 (72.8%) |
| Renter Occupied HU | 1,064 (17.2%) |
| Vacant Housing Units | 622 (10.0%) |
| Median Home Value | $438,249 |
| Average Home Value | $494,930 |
Housing Distribution
Address Breakdown
Residential
5,886
Single Family
5,754
Multi-Family
132
Businesses
546
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Listed by: Gigi Giordano • Compass Connecticut, LLC
Mls Name: Smart MLS
Mls ID: #24145059