68R Depot Hill RoadCobaltCT06414
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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 Cobalt at 68R Depot Hill Road, Cobalt, CT, 06414 offers a 9.64% rental yield on a $449,900 purchase with $3,614/mo rent. Total monthly income registers $3,614/mo, and a $2,202/mo payment leaves $557/mo available for distribution. Annual cash flow reaches $6,686/yr on $149,142 to close, and return on cash invested stands at 24.39% in year one. Equity gained on principal adds $2,903/yr while 5% annual appreciation supports $124,299 over five years. Portfolio math shows five-year ROI at 127.69% and total cumulative return in cash at $190,438. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,614/mo property income against a $2,202/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2011
1.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06414, Cobalt, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 146 (100%) |
| Owner Occupied HU | 136 (93.2%) |
| Renter Occupied HU | 7 ( 4.8%) |
| Vacant Housing Units | 3 ( 2.1%) |
| Median Home Value | $537,975 |
| Average Home Value | $488,695 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
25
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Listed by: Connie A. Cohen • All About Real Estate, LLC
Mls Name: Smart MLS
Mls ID: #24117323