688 Westminster RdCanterburyCT06331
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Canterbury at 688 Westminster Rd, Canterbury, CT, 06331 at $420,900 posts ROI 23.82% with $454/mo cash flow from $3,314/mo rent. Total monthly income equals $3,314/mo, and annual cash flow records $5,451/yr on $139,528 to close. Return on cash invested measures 23.82% and rental yield reads 9.45% at the current $420,900. Equity gained on principal adds $2,716/yr, and 5% annual appreciation supports $116,287 by year five. Five-year ROI prints 124.6% and total cumulative return in cash totals $173,858.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,314/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1983
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06331, Canterbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,066 (100%) |
| Owner Occupied HU | 1,751 (84.8%) |
| Renter Occupied HU | 222 (10.7%) |
| Vacant Housing Units | 93 ( 4.5%) |
| Median Home Value | $363,413 |
| Average Home Value | $423,514 |
Housing Distribution
Address Breakdown
Residential
1,991
Single Family
1,915
Multi-Family
76
Businesses
92
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A