7 Hazen StChesterCT06412
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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 Chester at 7 Hazen St, Chester, CT, 06412 listed at $249,000 pairs $1,895/mo rent with a $1,219/mo payment to leave $194/mo cash flow. Total monthly income runs $1,895/mo, and annual cash flow reaches $2,325/yr on $82,544 cash to close. Return on cash invested measures 22.73% in year one, and rental yield registers 9.13% at a $249,000 basis. Equity gained on principal adds $1,607/yr, and annual property appreciation at 5% supports $68,794 by year five. Five-year ROI tracks 118.8% and total cumulative return in cash totals $98,060. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,895/mo property income relative to a $1,219/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1928
4,791 sqft lot
$N/A/sqft
$110 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06412, Chester, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,805 (100%) |
| Owner Occupied HU | 1,274 (70.6%) |
| Renter Occupied HU | 387 (21.4%) |
| Vacant Housing Units | 144 ( 8.0%) |
| Median Home Value | $481,842 |
| Average Home Value | $524,662 |
Housing Distribution
Address Breakdown
Residential
1,691
Single Family
1,586
Multi-Family
105
Businesses
188
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Listed by: Judy Halleran • RE/MAX on the Bay
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24089926
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.