792 Long Cove RdGales FerryCT06335
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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 Gales Ferry at 792 Long Cove Rd, Gales Ferry, CT, 06335 at $394,000 posts ROI 16.82% with from $2,340/mo rent. Total monthly income equals $2,340/mo. Return on cash invested measures 16.82% and rental yield reads 7.13% at the current $394,000. Equity gained on principal adds $2,542/yr, and 5% annual appreciation supports $108,855 by year five. Five-year ROI prints 87.06% and total cumulative return in cash totals $113,716. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,340/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1958
1.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06335, Gales Ferry, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,719 (100%) |
| Owner Occupied HU | 2,191 (80.6%) |
| Renter Occupied HU | 375 (13.8%) |
| Vacant Housing Units | 153 ( 5.6%) |
| Median Home Value | $332,483 |
| Average Home Value | $361,753 |
Housing Distribution
Address Breakdown
Residential
2,646
Single Family
2,616
Multi-Family
30
Businesses
157
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Listed by: Thomas Simjian • Keller Williams Coastal
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24020556
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.