72 Wauregan RdCanterburyCT06331
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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 Canterbury at 72 Wauregan Rd, Canterbury, CT, 06331 generates $1,440/mo in rent, after a $3,030/mo payment. Total monthly income is $1,440/mo. Return on cash invested sits at 3.76% in year one, and rental yield is 2.79% on a $619,000 entry. Equity gained on principal adds $3,994/yr, while 5% annual appreciation builds toward $171,018 over five years. Five-year ROI reaches 17.01% and total cumulative return in cash sums $34,645. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,440/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
2.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06331, Canterbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,066 (100%) |
| Owner Occupied HU | 1,751 (84.8%) |
| Renter Occupied HU | 222 (10.7%) |
| Vacant Housing Units | 93 ( 4.5%) |
| Median Home Value | $363,413 |
| Average Home Value | $423,514 |
Housing Distribution
Address Breakdown
Residential
1,991
Single Family
1,915
Multi-Family
76
Businesses
92
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Listed by: Alicia Cournoyer • Kazantzis Real Estate, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24080180
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.