6 Grace LnMoosupCT06354
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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 Moosup at 6 Grace Ln, Moosup, CT, 06354 priced at $475,000 pairs $1,620/mo rent with after a $2,325/mo payment. Total monthly income equals $1,620/mo. Return on cash invested is 4.61% in year one, and rental yield stands at 4.09% on a $475,000 basis. Equity gained on principal adds $3,065/yr, and 5% annual appreciation accumulates to $131,234 by year five. Five-year ROI measures 22.71% and total cumulative return in cash reaches $35,755. For financing, Ziffy Mortgage’s DSCR program evaluates $1,620/mo property income against a $2,325/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2021
N/A lot
$N/A/sqft
$400 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06354, Moosup, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,578 (100%) |
| Owner Occupied HU | 1,673 (64.9%) |
| Renter Occupied HU | 739 (28.7%) |
| Vacant Housing Units | 166 ( 6.4%) |
| Median Home Value | $371,389 |
| Average Home Value | $397,037 |
Housing Distribution
Address Breakdown
Residential
2,318
Single Family
2,209
Multi-Family
109
Businesses
88
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Listed by: Nathan Clark • Your Home Sold Guaranteed Realty, The Nathan Clark Team
Mls Name: My State MLS
Mls ID: #11538838