721 Ives Row, Cheshire, CT, 06410 | $519/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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721 Ives Row, Cheshire, CT, 06410 | $519/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Cheshire at 721 Ives Row, Cheshire, CT, 06410 offers $5,104/mo rent that, after a $3,303/mo payment, leaves $519/mo cash flow. Total monthly income is $5,104/mo, and annual cash flow is $6,224/yr on $222,042 cash. Return on cash invested measures 22.86% in year one, and rental yield stands at 9.08% at a $674,900 entry. Equity gained on principal adds $4,355/yr while 5% annual appreciation compounds into $186,462 by year five. Five-year ROI records 119.46% and total cumulative return in cash reaches $265,243. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,104/mo property income versus a $3,303/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2006

0.52 Acres lot

$N/A/sqft

No HOA

More details about the property

Spacious Four Bedroom Colonial! Nestled on a large level lot, this home delivers a great opportunity. Main level entry offers a sizeable foyer with double coat closets. The formal dining room displays attention to detail with crown molding and chair rail while the kitchen showcases stainless steel appliances, abundant cabinetry, pantry and center island w/breakfast bar. The Living room is designed with a gas log fireplace and slider door to trex deck overlooking premium level lot. The family room has the potential for many uses and ideas that will fit your needs. Rounding off this desirable first floor is a guest bath, separate laundry room and mudroom leading to a two-car garage. Exploring the upper level starts with a primary bedroom suite with walk-in closet, full bath, double sink vanity and whirlpool tub/shower. The three additional bedrooms are generous in size while the common full bath provides another double sink vanity with tub/shower. The lower level adds an additional living space of over 750 square feet, bonus/office room, bilco door to backyard and a considerable sized mechanical room for extra storage. The exterior is perfect for all generations from a serene and tranquil experience to a more active scenario with playscapes, sporting activities and potential pool. Convenient location, close to school, walking trail and stores. Start the New Year with a resolution that will not disappoint!

Neighborhood Data

Neighborhood data shown for ZIP Code: 06410, Cheshire, CT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	10,563 (100%)
Owner Occupied HU	8,882 (84.1%)
Renter Occupied HU	1,273 (12.1%)
Vacant Housing Units	408 ( 3.9%)
Median Home Value	$479,284
Average Home Value	$506,891