77 Clayton RoadCanaanCT06018
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Canaan at 77 Clayton Road, Canaan, CT, 06018 offers a 9.54% rental yield on a $415,000 purchase with $3,300/mo rent. Total monthly income registers $3,300/mo, and a $2,031/mo payment leaves $481/mo available for distribution. Annual cash flow reaches $5,766/yr on $137,573 to close, and return on cash invested stands at 24.1% in year one. Equity gained on principal adds $2,678/yr while 5% annual appreciation supports $114,657 over five years. Portfolio math shows five-year ROI at 126.12% and total cumulative return in cash at $173,505. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,300/mo property income against a $2,031/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
1.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06018, Canaan, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,336 (100%) |
| Owner Occupied HU | 758 (56.7%) |
| Renter Occupied HU | 424 (31.7%) |
| Vacant Housing Units | 154 (11.5%) |
| Median Home Value | $305,785 |
| Average Home Value | $398,186 |
Housing Distribution
Address Breakdown
Residential
960
Single Family
778
Multi-Family
182
Businesses
195
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Listed by: Wendy Eichman • Raynard & Peirce Realty,LLC
Mls Name: Smart MLS
Mls ID: #24128238