636 Thompson RoadThompsonCT06277
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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 Thompson at 636 Thompson Road, Thompson, CT, 06277 uses $119,340 cash to close to unlock $5,928/yr annual cash flow and $494/mo monthly cash flow. Total monthly income runs $2,940/mo, and a $1,762/mo payment keeps the spread at $494/mo. Purchase price stands at $360,000, and rental yield measures 9.8% with $2,940/mo rent. Return on cash invested shows 24.88% in year one, and 5% annual appreciation builds toward $99,461 over five years. Five-year ROI reaches 130.26% and total cumulative return in cash records $155,457. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,940/mo property income covering a $1,762/mo payment rather than investor’s personal income.
Single Family
Built in 1960
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06277, Thompson, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,739 (100%) |
| Owner Occupied HU | 1,355 (77.9%) |
| Renter Occupied HU | 210 (12.1%) |
| Vacant Housing Units | 174 (10.0%) |
| Median Home Value | $392,625 |
| Average Home Value | $487,170 |
Housing Distribution
Address Breakdown
Residential
1,598
Single Family
1,598
Multi-Family
0
Businesses
60
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Listed by: Matthew Santurri • Byrnes Real Estate Company
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24095760
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.