7 Old Castle DriveNewtownCT06470
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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 Newtown at 7 Old Castle Drive, Newtown, CT, 06470 with 5% annual appreciation on a $1,425,000 basis while $8,687/mo rent supports operations. 78% in year one. Equity gained on principal adds $9,195/yr, and five-year appreciation sums $393,701 alongside rental yield of 7.32%. Five-year ROI measures 92.16% and total cumulative return in cash totals $425,480. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $8,687/mo property income versus a $6,975/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
1.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06470, Newtown, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,335 (100%) |
| Owner Occupied HU | 5,158 (81.4%) |
| Renter Occupied HU | 829 (13.1%) |
| Vacant Housing Units | 348 ( 5.5%) |
| Median Home Value | $581,346 |
| Average Home Value | $622,156 |
Housing Distribution
Address Breakdown
Residential
6,300
Single Family
6,159
Multi-Family
141
Businesses
737
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Listed by: Tara N. Varghese • Fab Real Estate LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24100669
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.