7 Gulf RoadStafford SpringsCT06076
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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
Rental property for sale in Stafford Springs at 7 Gulf Road, Stafford Springs, CT, 06076 offers $2,903/mo rent that, after a $2,570/mo payment. Total monthly income is $2,903/mo. Return on cash invested measures 15.44% in year one, and rental yield stands at 6.64% 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 79.68% and total cumulative return in cash reaches $137,625. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,903/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 1976
1.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06076, Stafford Springs, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,574 (100%) |
| Owner Occupied HU | 3,900 (70.0%) |
| Renter Occupied HU | 1,223 (21.9%) |
| Vacant Housing Units | 451 ( 8.1%) |
| Median Home Value | $295,978 |
| Average Home Value | $378,008 |
Housing Distribution
Address Breakdown
Residential
5,361
Single Family
5,272
Multi-Family
89
Businesses
321
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Listed by: Pam Moriarty • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24133205
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.