67 Stephen Tom RoadPortlandCT06480
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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 Portland at 67 Stephen Tom Road, Portland, CT, 06480 generates $4,410/mo in rent, after a $3,353/mo payment. Total monthly income is $4,410/mo. Return on cash invested sits at 18.76% in year one, and rental yield is 7.73% on a $685,000 entry. Equity gained on principal adds $4,420/yr, while 5% annual appreciation builds toward $189,253 over five years. Five-year ROI reaches 97.44% and total cumulative return in cash sums $219,598. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,410/mo property income rather than buyer’s personal income.
Single Family
Built in 2000
1.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06480, Portland, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,354 (100%) |
| Owner Occupied HU | 3,139 (72.1%) |
| Renter Occupied HU | 785 (18.0%) |
| Vacant Housing Units | 430 ( 9.9%) |
| Median Home Value | $416,215 |
| Average Home Value | $496,894 |
Housing Distribution
Address Breakdown
Residential
3,933
Single Family
3,879
Multi-Family
54
Businesses
353
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Listed by: Angela Aresco • Carl Guild & Associates
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24094323
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.