76 Horse Pond RdMadisonCT06443
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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 Madison at 76 Horse Pond Rd, Madison, CT, 06443 uses $250,007 cash to close to unlock $17,246/yr annual cash flow and $1,437/mo monthly cash flow. Total monthly income runs $6,600/mo, and a $3,719/mo payment keeps the spread at $1,437/mo. Purchase price stands at $759,900, and rental yield measures 10.42% with $6,600/mo rent. Return on cash invested shows 26.96% in year one, and 5% annual appreciation builds toward $209,946 over five years. Five-year ROI reaches 141.43% and total cumulative return in cash records $353,574. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $6,600/mo property income covering a $3,719/mo payment rather than investor’s personal income.
Single Family
Built in 1998
1.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06443, Madison, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,186 (100%) |
| Owner Occupied HU | 6,139 (75.0%) |
| Renter Occupied HU | 909 (11.1%) |
| Vacant Housing Units | 1,138 (13.9%) |
| Median Home Value | $595,158 |
| Average Home Value | $657,939 |
Housing Distribution
Address Breakdown
Residential
7,784
Single Family
7,546
Multi-Family
238
Businesses
808
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Listed by: Cardinal Team At Berkshire Hathaway Home Services New England Properties • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24089708
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