7 Locust StreetTrumbullCT06611
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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 Trumbull at 7 Locust Street, Trumbull, CT, 06611 listed at $690,000 pairs $4,416/mo rent with a $3,377/mo payment. Total monthly income runs $4,416/mo. Return on cash invested measures 18.62% in year one, and rental yield registers 7.68% at a $690,000 basis. Equity gained on principal adds $4,452/yr, and annual property appreciation at 5% supports $190,634 by year five. Five-year ROI tracks 96.7% and total cumulative return in cash totals $219,524. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,416/mo property income relative to a $3,377/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06611, Trumbull, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,970 (100%) |
| Owner Occupied HU | 11,418 (81.7%) |
| Renter Occupied HU | 1,959 (14.0%) |
| Vacant Housing Units | 593 ( 4.2%) |
| Median Home Value | $538,369 |
| Average Home Value | $606,678 |
Housing Distribution
Address Breakdown
Residential
13,448
Single Family
13,006
Multi-Family
442
Businesses
1,076
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Listed by: Cheri L. Coleman • BHGRE Gaetano Marra Homes
Mls Name: Smart MLS
Mls ID: #24107909