72 Riverside DrThompsonCT06277
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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
Rental property for sale in Thompson at 72 Riverside Dr, Thompson, CT, 06277 offers $1,731/mo rent that, after a $1,224/mo payment, leaves $32/mo cash flow. Total monthly income is $1,731/mo, and annual cash flow is $384/yr on $82,875 cash. Return on cash invested measures 20.37% in year one, and rental yield stands at 8.31% at a $250,000 entry. Equity gained on principal adds $1,613/yr while 5% annual appreciation compounds into $69,070 by year five. Five-year ROI records 106.1% and total cumulative return in cash reaches $87,934. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,731/mo property income versus a $1,224/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1939
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06277, Thompson, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,739 (100%) |
| Owner Occupied HU | 1,355 (77.9%) |
| Renter Occupied HU | 210 (12.1%) |
| Vacant Housing Units | 174 (10.0%) |
| Median Home Value | $392,625 |
| Average Home Value | $487,170 |
Housing Distribution
Address Breakdown
Residential
1,598
Single Family
1,598
Multi-Family
0
Businesses
60
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Listed by: Nicole M. Garbutt • RE/MAX Bell Park Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24094980
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.