








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Colchester at 76 Elmwood Heights, Colchester, CT, 06415 priced at $324,900 pairs $3,000/mo rent with $793/mo cash flow after a $1,590/mo payment. Total monthly income equals $3,000/mo, and annual cash flow comes to $9,512/yr on $107,704 invested. Return on cash invested is 28.74% in year one, and rental yield stands at 11.08% on a $324,900 basis. Equity gained on principal adds $2,097/yr, and 5% annual appreciation accumulates to $89,764 by year five. Five-year ROI measures 151.01% and total cumulative return in cash reaches $162,641. For financing, Ziffy Mortgage’s DSCR program evaluates $3,000/mo property income against a $1,590/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06415, Colchester, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,191 (100%) |
| Owner Occupied HU | 5,223 (72.6%) |
| Renter Occupied HU | 1,325 (18.4%) |
| Vacant Housing Units | 643 ( 8.9%) |
| Median Home Value | $372,596 |
| Average Home Value | $404,128 |
Residential
6,910
Single Family
6,666
Multi-Family
244
Businesses
470
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Carol Parda-Ziolko • Carl Guild & Associates
Mls Name: Smart MLS
Mls ID: #24132678