639 Center StSouthportCT06890
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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
Rental property for sale in Southport at 639 Center St, Southport, CT, 06890 priced at $999,000 pairs $2,913/mo rent with after a $4,890/mo payment. Total monthly income equals $2,913/mo. Return on cash invested is 5.91% in year one, and rental yield stands at 3.5% on a $999,000 basis. Equity gained on principal adds $6,446/yr, and 5% annual appreciation accumulates to $276,005 by year five. Five-year ROI measures 28.54% and total cumulative return in cash reaches $93,818. For financing, Ziffy Mortgage’s DSCR program evaluates $2,913/mo property income against a $4,890/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1928
6,534 sqft lot
$N/A/sqft
No HOA
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Listed by: Lis Reed • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24093929
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