65 Putting Green LaneProspectCT06712
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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 Prospect at 65 Putting Green Lane, Prospect, CT, 06712 generates $2,731/mo in rent, after a $2,594/mo payment. Total monthly income is $2,731/mo. Return on cash invested sits at 14.07% in year one, and rental yield is 6.18% on a $529,900 entry. Equity gained on principal adds $3,419/yr, while 5% annual appreciation builds toward $146,402 over five years. Five-year ROI reaches 72.34% and total cumulative return in cash sums $126,119. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,731/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06712, Prospect, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,813 (100%) |
| Owner Occupied HU | 3,462 (90.8%) |
| Renter Occupied HU | 242 ( 6.3%) |
| Vacant Housing Units | 109 ( 2.9%) |
| Median Home Value | $422,004 |
| Average Home Value | $449,272 |
Housing Distribution
Address Breakdown
Residential
3,663
Single Family
3,663
Multi-Family
0
Businesses
314
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Listed by: Paul Ferreira • RE/MAX Right Choice
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24096718
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.