75 Shore RoadClintonCT06413
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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 Clinton at 75 Shore Road, Clinton, CT, 06413 priced at $1,649,000 pairs $5,332/mo rent with after a $8,071/mo payment. Total monthly income equals $5,332/mo. Return on cash invested is 7.18% in year one, and rental yield stands at 3.88% on a $1,649,000 basis. Equity gained on principal adds $10,641/yr, and 5% annual appreciation accumulates to $455,588 by year five. Five-year ROI measures 35.3% and total cumulative return in cash reaches $188,607. For financing, Ziffy Mortgage’s DSCR program evaluates $5,332/mo property income against a $8,071/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1983
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06413, Clinton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,195 (100%) |
| Owner Occupied HU | 4,509 (72.8%) |
| Renter Occupied HU | 1,064 (17.2%) |
| Vacant Housing Units | 622 (10.0%) |
| Median Home Value | $438,249 |
| Average Home Value | $494,930 |
Housing Distribution
Address Breakdown
Residential
5,886
Single Family
5,754
Multi-Family
132
Businesses
546
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Listed by: Tricia Lougal • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24141376