60 Thompson StreetSheltonCT06484
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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 Shelton at 60 Thompson Street, Shelton, CT, 06484 with 5% annual appreciation on a $850,000 basis while $6,062/mo rent supports operations. Total monthly income totals $6,062/mo and a $4,160/mo payment preserves $287/mo for cash returns. Annual cash flow comes to $3,444/yr on $279,650 deployed, and return on cash invested reaches 21.29% in year one. Equity gained on principal adds $5,485/yr, and five-year appreciation sums $234,839 alongside rental yield of 8.56%. Five-year ROI measures 111.01% and total cumulative return in cash totals $310,450.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,062/mo property income versus a $4,160/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1968
1.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06484, Shelton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,616 (100%) |
| Owner Occupied HU | 13,174 (74.8%) |
| Renter Occupied HU | 3,656 (20.8%) |
| Vacant Housing Units | 786 ( 4.5%) |
| Median Home Value | $488,769 |
| Average Home Value | $561,663 |
Housing Distribution
Address Breakdown
Residential
17,510
Single Family
16,712
Multi-Family
798
Businesses
1,487
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Listed by: Brian Christy • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24113293
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.