643 Bucks Hill RoadSouthburyCT06488
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 Southbury at 643 Bucks Hill Road, Southbury, CT, 06488 priced at $499,900 converts $3,240/mo rent into after a $2,447/mo obligation. Total monthly income equals $3,240/mo. Return on cash invested prints 18.77% in year one, and rental yield reads 7.78% against a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation compiles into $138,113 by year five. Five-year ROI reaches 97.56% and total cumulative return in cash sums $161,676. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,240/mo property income covering a $2,447/mo payment, not borrower’s personal income.
Single Family
Built in 1968
1.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06488, Southbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,384 (100%) |
| Owner Occupied HU | 7,566 (80.6%) |
| Renter Occupied HU | 1,168 (12.4%) |
| Vacant Housing Units | 650 ( 6.9%) |
| Median Home Value | $468,971 |
| Average Home Value | $493,137 |
Housing Distribution
Address Breakdown
Residential
8,760
Single Family
8,268
Multi-Family
492
Businesses
780
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Daniel J. Mulvihill • Mulvihill Realty LLC
Mls Name: Smart MLS
Mls ID: #24150262