67 Side Hill DriveDurhamCT06422
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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
Investment property for sale in Durham at 67 Side Hill Drive, Durham, CT, 06422 uses $148,844 cash to close to unlock $1,535/yr annual cash flow and $128/mo monthly cash flow. Total monthly income runs $3,179/mo, and a $2,198/mo payment keeps the spread at $128/mo. Purchase price stands at $449,000, and rental yield measures 8.5% with $3,179/mo rent. Return on cash invested shows 20.94% in year one, and 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 109.16% and total cumulative return in cash records $162,472. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,179/mo property income covering a $2,198/mo payment rather than investor’s personal income.
Single Family
Built in 1964
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06422, Durham, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,876 (100%) |
| Owner Occupied HU | 2,574 (89.5%) |
| Renter Occupied HU | 200 ( 7.0%) |
| Vacant Housing Units | 102 ( 3.5%) |
| Median Home Value | $459,516 |
| Average Home Value | $524,994 |
Housing Distribution
Address Breakdown
Residential
2,629
Single Family
2,629
Multi-Family
0
Businesses
263
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Listed by: Jennifer Thompson • Precision Realty LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24107127
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.