66 Cambridge Ct #66Beacon FallsCT06403
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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 Beacon Falls at 66 Cambridge Ct #66, Beacon Falls, CT, 06403 priced at $269,000 converts $1,836/mo rent into after a $1,317/mo obligation. Total monthly income equals $1,836/mo. Return on cash invested prints 15.4% in year one, and rental yield reads 8.19% against a $269,000 entry. Equity gained on principal adds $1,736/yr, while 5% annual appreciation compiles into $74,320 by year five. Five-year ROI reaches 81.13% and total cumulative return in cash sums $72,347. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,836/mo property income covering a $1,317/mo payment, not borrower’s personal income.
Condo
Built in 1982
N/A lot
$N/A/sqft
$343 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06403, Beacon Falls, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,749 (100%) |
| Owner Occupied HU | 2,175 (79.1%) |
| Renter Occupied HU | 443 (16.1%) |
| Vacant Housing Units | 131 ( 4.8%) |
| Median Home Value | $396,368 |
| Average Home Value | $416,990 |
Housing Distribution
Address Breakdown
Residential
2,646
Single Family
2,443
Multi-Family
203
Businesses
146
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Listed by: Kristy L. Agli • Kelsey & Co. Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24084742
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.