79 Hamilton AvenueNorwichCT06360
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 Norwich at 79 Hamilton Avenue, Norwich, CT, 06360 at $360,000 posts ROI 23.18% with $325/mo cash flow from $2,771/mo rent. Total monthly income equals $2,771/mo, and annual cash flow records $3,900/yr on $119,340 to close. Return on cash invested measures 23.18% and rental yield reads 9.24% at the current $360,000. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,461 by year five. Five-year ROI prints 121.14% and total cumulative return in cash totals $144,573.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,771/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1875
0.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06360, Norwich, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,508 (100%) |
| Owner Occupied HU | 7,848 (44.8%) |
| Renter Occupied HU | 7,879 (45.0%) |
| Vacant Housing Units | 1,781 (10.2%) |
| Median Home Value | $267,212 |
| Average Home Value | $314,342 |
Housing Distribution
Address Breakdown
Residential
16,023
Single Family
14,090
Multi-Family
1,933
Businesses
1,102
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carlos Sotomayor • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24135026