719 Ekonk Hill RoadVoluntownCT06384
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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 Voluntown at 719 Ekonk Hill Road, Voluntown, CT, 06384 with 5% annual appreciation on a $329,000 basis while $2,308/mo rent supports operations. Total monthly income totals $2,308/mo and a $1,610/mo payment preserves $73/mo for cash returns. Annual cash flow comes to $875/yr on $109,064 deployed, and return on cash invested reaches 20.71% in year one. Equity gained on principal adds $2,123/yr, and five-year appreciation sums $90,897 alongside rental yield of 8.42%. Five-year ROI measures 107.92% and total cumulative return in cash totals $117,705.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,308/mo property income versus a $1,610/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1952
2.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06384, Voluntown, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,167 (100%) |
| Owner Occupied HU | 936 (80.2%) |
| Renter Occupied HU | 139 (11.9%) |
| Vacant Housing Units | 92 ( 7.9%) |
| Median Home Value | $362,985 |
| Average Home Value | $390,553 |
Housing Distribution
Address Breakdown
Residential
1,041
Single Family
1,023
Multi-Family
18
Businesses
40
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Listed by: Rachael D. Gifford • The Neighborhood Realty Group
Mls Name: Smart MLS
Mls ID: #24114572