7 Beacon LnNorfolkCT06058
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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 Norfolk at 7 Beacon Ln, Norfolk, CT, 06058 listed at $549,000 pairs $4,768/mo rent with a $2,687/mo payment to leave $1,038/mo cash flow. Total monthly income runs $4,768/mo, and annual cash flow reaches $12,455/yr on $180,621 cash to close. Return on cash invested measures 26.96% in year one, and rental yield registers 10.42% at a $549,000 basis. Equity gained on principal adds $3,543/yr, and annual property appreciation at 5% supports $151,679 by year five. Five-year ROI tracks 141.39% and total cumulative return in cash totals $255,380. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,768/mo property income relative to a $2,687/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1997
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06058, Norfolk, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 977 (100%) |
| Owner Occupied HU | 591 (60.5%) |
| Renter Occupied HU | 166 (17.0%) |
| Vacant Housing Units | 220 (22.5%) |
| Median Home Value | $591,912 |
| Average Home Value | $676,798 |
Housing Distribution
Address Breakdown
Residential
541
Single Family
513
Multi-Family
28
Businesses
81
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Listed by: Thomas McGowan • Elyse Harney Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24086491
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.