691 Green Hill RoadMadisonCT06443
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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
Rental property for sale in Madison at 691 Green Hill Road, Madison, CT, 06443 offers $4,003/mo rent that, after a $2,570/mo payment, leaves $436/mo cash flow. Total monthly income is $4,003/mo, and annual cash flow is $5,226/yr on $172,725 cash. Return on cash invested measures 23.09% in year one, and rental yield stands at 9.15% at a $525,000 entry. Equity gained on principal adds $3,388/yr while 5% annual appreciation compounds into $145,048 by year five. Five-year ROI records 120.65% and total cumulative return in cash reaches $208,401. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,003/mo property income versus a $2,570/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
1.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06443, Madison, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,186 (100%) |
| Owner Occupied HU | 6,139 (75.0%) |
| Renter Occupied HU | 909 (11.1%) |
| Vacant Housing Units | 1,138 (13.9%) |
| Median Home Value | $595,158 |
| Average Home Value | $657,939 |
Housing Distribution
Address Breakdown
Residential
7,784
Single Family
7,546
Multi-Family
238
Businesses
808
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Nearby investment properties with comparable prices
Listed by: Susan Woods • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls ID: #24116872