65 Prospect AvenueGuilfordCT06437
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
Investment property for sale in Guilford at 65 Prospect Avenue, Guilford, CT, 06437 listed at $1,675,000 pairs $2,940/mo rent with a $8,198/mo payment. Total monthly income runs $2,940/mo. Return on cash invested measures 1.71% in year one, and rental yield registers 2.11% at a $1,675,000 basis. Equity gained on principal adds $10,809/yr, and annual property appreciation at 5% supports $462,772 by year five. Five-year ROI tracks 5.95% and total cumulative return in cash totals $32,274. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,940/mo property income relative to a $8,198/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06437, Guilford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,679 (100%) |
| Owner Occupied HU | 7,587 (78.4%) |
| Renter Occupied HU | 1,276 (13.2%) |
| Vacant Housing Units | 816 ( 8.4%) |
| Median Home Value | $566,268 |
| Average Home Value | $620,913 |
Housing Distribution
Address Breakdown
Residential
9,388
Single Family
9,159
Multi-Family
229
Businesses
989
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy Kirst • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls ID: #24125787