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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Canterbury at 61 Kitt Rd, Canterbury, CT, 06331 earns from $1,440/mo rent with a $2,736/mo payment. Total monthly income totals $1,440/mo. ROI tracks 4.67% on current figures, and rental yield reads 3.09% at a $559,000 purchase. Equity gained on principal adds $3,607/yr, and 5% annual appreciation supports $154,441 over five years. Five-year ROI reaches 21.91% and total cumulative return in cash sums $40,287. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,440/mo property income instead of your personal income.
Single Family
Built in 2024
2.25 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06331, Canterbury, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,066 (100%) |
| Owner Occupied HU | 1,751 (84.8%) |
| Renter Occupied HU | 222 (10.7%) |
| Vacant Housing Units | 93 ( 4.5%) |
| Median Home Value | $363,413 |
| Average Home Value | $423,514 |
Residential
1,991
Single Family
1,915
Multi-Family
76
Businesses
92
Date | Event | Price |
|---|---|---|
| 2024-09-24 | Listed for sale | $559,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Access Via Hatch
Listed by: Patricia A. Malek • First Choice Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24048897
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.
