72 Hyla LaneNorthfordCT06472
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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
Rental property for sale in Northford at 72 Hyla Lane, Northford, CT, 06472 generates $4,571/mo in rent and, after a $2,838/mo payment, leaves $631/mo in cash flow. Total monthly income is $4,571/mo, and annual cash flow is $7,574/yr on $190,787 invested. Return on cash invested sits at 24.03% in year one, and rental yield is 9.46% on a $579,900 entry. Equity gained on principal adds $3,742/yr, while 5% annual appreciation builds toward $160,216 over five years. Five-year ROI reaches 125.73% and total cumulative return in cash sums $239,869. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,571/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06472, Northford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,515 (100%) |
| Owner Occupied HU | 2,207 (87.8%) |
| Renter Occupied HU | 229 ( 9.1%) |
| Vacant Housing Units | 79 ( 3.1%) |
| Median Home Value | $420,156 |
| Average Home Value | $460,915 |
Housing Distribution
Address Breakdown
Residential
2,418
Single Family
2,418
Multi-Family
0
Businesses
177
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Listed by: Tracy Bonito • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24135561