67 Cathole RoadLitchfieldCT06750
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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 Litchfield at 67 Cathole Road, Litchfield, CT, 06750 generates $4,200/mo in rent and, after a $2,594/mo payment, leaves $599/mo in cash flow. Total monthly income is $4,200/mo, and annual cash flow is $7,188/yr on $174,370 invested. Return on cash invested sits at 24.18% in year one, and rental yield is 9.51% on a $530,000 entry. Equity gained on principal adds $3,420/yr, while 5% annual appreciation builds toward $146,429 over five years. Five-year ROI reaches 126.52% and total cumulative return in cash sums $220,615. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,200/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
8.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06750, Bantam, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 806 (100%) |
| Owner Occupied HU | 498 (61.8%) |
| Renter Occupied HU | 211 (26.2%) |
| Vacant Housing Units | 97 (12.0%) |
| Median Home Value | $378,761 |
| Average Home Value | $545,522 |
Housing Distribution
Address Breakdown
Residential
575
Single Family
482
Multi-Family
93
Businesses
99
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Listed by: Kim D'andrea • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls ID: #24143253