6 Route 117PrestonCT06365
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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 Preston at 6 Route 117, Preston, CT, 06365 listed at $324,900 pairs $2,892/mo rent with a $1,590/mo payment to leave $685/mo cash flow. Total monthly income runs $2,892/mo, and annual cash flow reaches $8,216/yr on $107,704 cash to close. Return on cash invested measures 27.54% in year one, and rental yield registers 10.68% at a $324,900 basis. Equity gained on principal adds $2,097/yr, and annual property appreciation at 5% supports $89,764 by year five. Five-year ROI tracks 144.55% and total cumulative return in cash totals $155,681. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,892/mo property income relative to a $1,590/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1962
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06365, Preston, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,113 (100%) |
| Owner Occupied HU | 1,708 (80.8%) |
| Renter Occupied HU | 278 (13.2%) |
| Vacant Housing Units | 127 ( 6.0%) |
| Median Home Value | $380,395 |
| Average Home Value | $483,567 |
Housing Distribution
Address Breakdown
Residential
2,031
Single Family
1,991
Multi-Family
40
Businesses
65
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Listed by: Laurie Hayes-Hagstrom • On The Move Realty, LLC
Mls Name: Smart MLS
Mls ID: #24133552