8 Neffs Corner RoadHigganumCT06441
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 Higganum at 8 Neffs Corner Road, Higganum, CT, 06441 at $329,900 posts ROI 30.48% with $963/mo cash flow from $3,205/mo rent. Total monthly income equals $3,205/mo, and annual cash flow records $11,558/yr on $109,362 to close. Return on cash invested measures 30.48% and rental yield reads 11.66% at the current $329,900. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,145 by year five. Five-year ROI prints 160.34% and total cumulative return in cash totals $175,347.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,205/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1953
1.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06441, Higganum, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,205 (100%) |
| Owner Occupied HU | 1,928 (87.4%) |
| Renter Occupied HU | 178 ( 8.1%) |
| Vacant Housing Units | 99 ( 4.5%) |
| Median Home Value | $480,524 |
| Average Home Value | $556,845 |
Housing Distribution
Address Breakdown
Residential
2,050
Single Family
2,050
Multi-Family
0
Businesses
132
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Listed by: Harry Finer • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24122536