69 Forest DriveSandy HookCT06482
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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 Sandy Hook at 69 Forest Drive, Sandy Hook, CT, 06482 uses $96,102 cash to close to unlock $4,082/yr annual cash flow and $340/mo monthly cash flow. Total monthly income runs $2,310/mo, and a $1,419/mo payment keeps the spread at $340/mo. Purchase price stands at $289,900, and rental yield measures 9.56% with $2,310/mo rent. Return on cash invested shows 24.16% in year one, and 5% annual appreciation builds toward $80,094 over five years. Five-year ROI reaches 126.46% and total cumulative return in cash records $121,533. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,310/mo property income covering a $1,419/mo payment rather than investor’s personal income.
Single Family
Built in 1925
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06482, Sandy Hook, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,264 (100%) |
| Owner Occupied HU | 3,728 (87.4%) |
| Renter Occupied HU | 353 ( 8.3%) |
| Vacant Housing Units | 183 ( 4.3%) |
| Median Home Value | $537,493 |
| Average Home Value | $565,190 |
Housing Distribution
Address Breakdown
Residential
4,173
Single Family
4,173
Multi-Family
0
Businesses
173
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Listed by: Lori J. Campbell • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24104560
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.