7 Lorma AveTrumbullCT06611
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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 Lorma Ave, Trumbull, CT, 06611 earns $396/mo cash flow from $4,726/mo rent with a $3,119/mo payment. Total monthly income totals $4,726/mo, and annual cash flow totals $4,754/yr on $209,672 capital. ROI tracks 22.33% on current figures, and rental yield reads 8.9% at a $637,300 purchase. Equity gained on principal adds $4,112/yr, and 5% annual appreciation supports $176,074 over five years. Five-year ROI reaches 116.59% and total cumulative return in cash sums $244,462. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,726/mo property income instead of your personal income.
Single Family
Built in 1959
0.43 Acres 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: N/A • N/A
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