66 Rainbow DriveUncasvilleCT06382
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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 Uncasville at 66 Rainbow Drive, Uncasville, CT, 06382 priced at $239,900 pairs $1,800/mo rent with $170/mo cash flow after a $1,174/mo payment. Total monthly income equals $1,800/mo, and annual cash flow comes to $2,042/yr on $79,527 invested. Return on cash invested is 22.48% in year one, and rental yield stands at 9% on a $239,900 basis. Equity gained on principal adds $1,548/yr, and 5% annual appreciation accumulates to $66,280 by year five. Five-year ROI measures 117.46% and total cumulative return in cash reaches $93,415. For financing, Ziffy Mortgage’s DSCR program evaluates $1,800/mo property income against a $1,174/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2018
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06382, Uncasville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,385 (100%) |
| Owner Occupied HU | 3,149 (71.8%) |
| Renter Occupied HU | 950 (21.7%) |
| Vacant Housing Units | 286 ( 6.5%) |
| Median Home Value | $277,507 |
| Average Home Value | $324,269 |
Housing Distribution
Address Breakdown
Residential
4,164
Single Family
4,090
Multi-Family
74
Businesses
264
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Listed by: Missy Willard • Carl Guild & Associates
Mls Name: Smart MLS
Mls ID: #24145966