654 Beach Pond RdVoluntownCT06384
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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 Voluntown at 654 Beach Pond Rd, Voluntown, CT, 06384 priced at $375,000 converts $2,858/mo rent into $311/mo cash flow after a $1,835/mo obligation. Total monthly income equals $2,858/mo, and annual cash flow totals $3,726/yr on $124,313 invested. Return on cash invested prints 22.91% in year one, and rental yield reads 9.15% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 119.73% and total cumulative return in cash sums $148,839. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,858/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 1967
4.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06384, Voluntown, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,167 (100%) |
| Owner Occupied HU | 936 (80.2%) |
| Renter Occupied HU | 139 (11.9%) |
| Vacant Housing Units | 92 ( 7.9%) |
| Median Home Value | $362,985 |
| Average Home Value | $390,553 |
Housing Distribution
Address Breakdown
Residential
1,041
Single Family
1,023
Multi-Family
18
Businesses
40
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Listed by: Donald Boushee • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24096878
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