8 Meghan CtSheltonCT06484
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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 Shelton at 8 Meghan Ct, Shelton, CT, 06484 at $639,900 posts ROI 20.35% with $51/mo cash flow from $4,399/mo rent. Total monthly income equals $4,399/mo, and annual cash flow records $614/yr on $210,527 to close. Return on cash invested measures 20.35% and rental yield reads 8.25% at the current $639,900. Equity gained on principal adds $4,129/yr, and 5% annual appreciation supports $176,793 by year five. Five-year ROI prints 106% and total cumulative return in cash totals $223,151.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,399/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1993
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06484, Shelton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,616 (100%) |
| Owner Occupied HU | 13,174 (74.8%) |
| Renter Occupied HU | 3,656 (20.8%) |
| Vacant Housing Units | 786 ( 4.5%) |
| Median Home Value | $488,769 |
| Average Home Value | $561,663 |
Housing Distribution
Address Breakdown
Residential
17,510
Single Family
16,712
Multi-Family
798
Businesses
1,487
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Listed by: Kimberly Camella • RE/MAX Right Choice
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24079245
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.