65 Elizabeth DrSouthingtonCT06489
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
Total monthly income runs $2,640/mo, and a $4,381/mo payment. Purchase price stands at $895,000, and rental yield measures 3.54% with $2,640/mo rent. Return on cash invested shows 6.04% in year one, and 5% annual appreciation builds toward $247,272 over five years. Five-year ROI reaches 29.21% and total cumulative return in cash records $86,006. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,640/mo property income covering a $4,381/mo payment rather than investor’s personal income.
Single Family
Built in 1992
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06489, Southington, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,640 (100%) |
| Owner Occupied HU | 10,928 (80.1%) |
| Renter Occupied HU | 2,275 (16.7%) |
| Vacant Housing Units | 437 ( 3.2%) |
| Median Home Value | $418,374 |
| Average Home Value | $460,971 |
Housing Distribution
Address Breakdown
Residential
13,660
Single Family
13,124
Multi-Family
536
Businesses
1,015
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gina McDonald Team • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24087237
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.