63 West Shore DriveHigganumCT06441
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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 Higganum at 63 West Shore Drive, Higganum, CT, 06441 at $242,300 posts ROI -5.08% with from $0/mo rent. Total monthly income equals $0/mo. Return on cash invested measures -5.08% and rental yield reads 0% at the current $242,300. Equity gained on principal adds $1,564/yr, and 5% annual appreciation supports $66,943 by year five. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $0/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
5,662 sqft lot
$N/A/sqft
$312 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06441, Higganum, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,205 (100%) |
| Owner Occupied HU | 1,928 (87.4%) |
| Renter Occupied HU | 178 ( 8.1%) |
| Vacant Housing Units | 99 ( 4.5%) |
| Median Home Value | $480,524 |
| Average Home Value | $556,845 |
Housing Distribution
Address Breakdown
Residential
2,050
Single Family
2,050
Multi-Family
0
Businesses
132
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Debbie D. Huscher • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #170423856
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.