7 Old Depot RdChesterCT06412
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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 Old Depot Rd, Chester, CT, 06412 with 5% annual appreciation on a $1,299,000 basis while $4,469/mo rent supports operations. 95% in year one. Equity gained on principal adds $8,382/yr, and five-year appreciation sums $358,890 alongside rental yield of 4.13%. Five-year ROI measures 39.4% and total cumulative return in cash totals $165,841. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,469/mo property income versus a $6,358/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1908
6.08 Acres lot
$N/A/sqft
No 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: Colette Harron • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24069434
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