71 Tartia RoadEast HamptonCT06424
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 East Hampton at 71 Tartia Road, East Hampton, CT, 06424 with 5% annual appreciation on a $399,900 basis while $3,626/mo rent supports operations. Total monthly income totals $3,626/mo and a $1,957/mo payment preserves $909/mo for cash returns. Annual cash flow comes to $10,910/yr on $132,567 deployed, and return on cash invested reaches 28.14% in year one. Equity gained on principal adds $2,580/yr, and five-year appreciation sums $110,485 alongside rental yield of 10.88%. Five-year ROI measures 147.79% and total cumulative return in cash totals $195,920.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,626/mo property income versus a $1,957/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1850
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06424, East Hampton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,591 (100%) |
| Owner Occupied HU | 4,342 (77.7%) |
| Renter Occupied HU | 834 (14.9%) |
| Vacant Housing Units | 415 ( 7.4%) |
| Median Home Value | $391,637 |
| Average Home Value | $449,440 |
Housing Distribution
Address Breakdown
Residential
5,345
Single Family
5,213
Multi-Family
132
Businesses
275
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angela Aiello • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24142953