6 Woodland DriveCantonCT06019
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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 Canton at 6 Woodland Drive, Canton, CT, 06019 offers a 9.66% rental yield on a $575,000 purchase with $4,627/mo rent. Total monthly income registers $4,627/mo, and a $2,814/mo payment leaves $721/mo available for distribution. Annual cash flow reaches $8,646/yr on $189,175 to close, and return on cash invested stands at 24.63% in year one. Equity gained on principal adds $3,710/yr while 5% annual appreciation supports $158,862 over five years. Portfolio math shows five-year ROI at 128.94% and total cumulative return in cash at $243,923. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,627/mo property income against a $2,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1985
2.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06019, Canton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,482 (100%) |
| Owner Occupied HU | 3,553 (79.3%) |
| Renter Occupied HU | 744 (16.6%) |
| Vacant Housing Units | 185 ( 4.1%) |
| Median Home Value | $485,481 |
| Average Home Value | $513,854 |
Housing Distribution
Address Breakdown
Residential
4,339
Single Family
4,110
Multi-Family
229
Businesses
402
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Listed by: Anthony G. Cervoni • Redfin Corporation
Mls Name: Smart MLS
Mls ID: #24112124