61 Pershing AvenueSeymourCT06483
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Seymour at 61 Pershing Avenue, Seymour, CT, 06483 priced at $497,000 converts $4,139/mo rent into $762/mo cash flow after a $2,433/mo obligation. Total monthly income equals $4,139/mo, and annual cash flow totals $9,140/yr on $164,756 invested. Return on cash invested prints 25.46% in year one, and rental yield reads 9.99% against a $497,000 entry. Equity gained on principal adds $3,207/yr, while 5% annual appreciation compiles into $137,312 by year five. Five-year ROI reaches 133.39% and total cumulative return in cash sums $219,770. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,139/mo property income covering a $2,433/mo payment, not borrower’s personal income.
Single Family
Built in 1929
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06483, Seymour, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,174 (100%) |
| Owner Occupied HU | 5,067 (70.6%) |
| Renter Occupied HU | 1,790 (25.0%) |
| Vacant Housing Units | 317 ( 4.4%) |
| Median Home Value | $397,734 |
| Average Home Value | $488,644 |
Housing Distribution
Address Breakdown
Residential
6,987
Single Family
6,150
Multi-Family
837
Businesses
452
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Listed by: Kimberly Hammac • Weichert Realtors MRG
Mls Name: Smart MLS
Mls ID: #24127016