6 Stone Mill LaneEastfordCT06242
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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 Eastford at 6 Stone Mill Lane, Eastford, CT, 06242 listed at $279,900 pairs $2,411/mo rent with a $1,370/mo payment to leave $509/mo cash flow. Total monthly income runs $2,411/mo, and annual cash flow reaches $6,110/yr on $92,787 cash to close. Return on cash invested measures 26.49% in year one, and rental yield registers 10.34% at a $279,900 basis. Equity gained on principal adds $1,806/yr, and annual property appreciation at 5% supports $77,331 by year five. Five-year ROI tracks 138.99% and total cumulative return in cash totals $128,965. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,411/mo property income relative to a $1,370/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1826
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06242, Eastford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 620 (100%) |
| Owner Occupied HU | 438 (70.6%) |
| Renter Occupied HU | 92 (14.8%) |
| Vacant Housing Units | 90 (14.5%) |
| Median Home Value | $403,676 |
| Average Home Value | $422,078 |
Housing Distribution
Address Breakdown
Residential
440
Single Family
440
Multi-Family
0
Businesses
46
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Listed by: Dennis Golden • Real Broker CT, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24123632
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.