64 Bridge StreetCollinsvilleCT06019
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 Collinsville at 64 Bridge Street, Collinsville, CT, 06019 priced at $199,000 pairs $2,061/mo rent with $709/mo cash flow after a $974/mo payment. Total monthly income equals $2,061/mo, and annual cash flow comes to $8,507/yr on $65,969 invested. Return on cash invested is 32.8% in year one, and rental yield stands at 12.43% on a $199,000 basis. Equity gained on principal adds $1,284/yr, and 5% annual appreciation accumulates to $54,980 by year five. Five-year ROI measures 172.78% and total cumulative return in cash reaches $113,982. For financing, Ziffy Mortgage’s DSCR program evaluates $2,061/mo property income against a $974/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1870
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06019, Canton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,482 (100%) |
| Owner Occupied HU | 3,553 (79.3%) |
| Renter Occupied HU | 744 (16.6%) |
| Vacant Housing Units | 185 ( 4.1%) |
| Median Home Value | $485,481 |
| Average Home Value | $513,854 |
Housing Distribution
Address Breakdown
Residential
4,339
Single Family
4,110
Multi-Family
229
Businesses
402
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Nearby investment properties with comparable prices
Listed by: Brianna Keehan • KW Legacy Partners
Mls Name: Smart MLS
Mls ID: #24146819