63GG Dudley LaneMadisonCT06443
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 Madison at 63GG Dudley Lane, Madison, CT, 06443 generates $1,569/mo in rent and, after a $974/mo payment, leaves $217/mo in cash flow. Total monthly income is $1,569/mo, and annual cash flow is $2,603/yr on $65,969 invested. Return on cash invested sits at 23.85% in year one, and rental yield is 9.46% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 124.8% and total cumulative return in cash sums $82,326. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,569/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06443, Madison, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,186 (100%) |
| Owner Occupied HU | 6,139 (75.0%) |
| Renter Occupied HU | 909 (11.1%) |
| Vacant Housing Units | 1,138 (13.9%) |
| Median Home Value | $595,158 |
| Average Home Value | $657,939 |
Housing Distribution
Address Breakdown
Residential
7,784
Single Family
7,546
Multi-Family
238
Businesses
808
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Laura Ronghi • Napoli Realty LLC
Mls Name: Smart MLS
Mls ID: #24150323