75 Forge 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 75 Forge Hill Road, Voluntown, CT, 06384 offers a 9.86% rental yield on a $350,000 purchase with $2,876/mo rent. Total monthly income registers $2,876/mo, and a $1,713/mo payment leaves $498/mo available for distribution. Annual cash flow reaches $5,976/yr on $116,025 to close, and return on cash invested stands at 25.06% in year one. Equity gained on principal adds $2,258/yr while 5% annual appreciation supports $96,699 over five years. Portfolio math shows five-year ROI at 131.25% and total cumulative return in cash at $152,282. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,876/mo property income against a $1,713/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1942
1 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: Jennifer A. Jones • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24149478