78 Main StreetNewtownCT06470
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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 Newtown at 78 Main Street, Newtown, CT, 06470 generates $4,608/mo in rent and, after a $2,447/mo payment, leaves $1,211/mo in cash flow. Total monthly income is $4,608/mo, and annual cash flow is $14,534/yr on $165,717 invested. Return on cash invested sits at 28.68% in year one, and rental yield is 11.06% on a $499,900 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,113 over five years. Five-year ROI reaches 150.68% and total cumulative return in cash sums $249,708. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,608/mo property income rather than buyer’s personal income.
Single Family
Built in 1760
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06470, Newtown, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,335 (100%) |
| Owner Occupied HU | 5,158 (81.4%) |
| Renter Occupied HU | 829 (13.1%) |
| Vacant Housing Units | 348 ( 5.5%) |
| Median Home Value | $581,346 |
| Average Home Value | $622,156 |
Housing Distribution
Address Breakdown
Residential
6,300
Single Family
6,159
Multi-Family
141
Businesses
737
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Listed by: Chuck J. Ciambriello • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24118179