8 Read StDeep RiverCT06417
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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 Deep River at 8 Read St, Deep River, CT, 06417 offers $3,127/mo rent that, after a $2,765/mo payment. Total monthly income is $3,127/mo. Return on cash invested measures 15.47% in year one, and rental yield stands at 6.64% at a $565,000 entry. Equity gained on principal adds $3,646/yr while 5% annual appreciation compounds into $156,099 by year five. Five-year ROI records 79.79% and total cumulative return in cash reaches $148,323. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,127/mo property income versus a $2,765/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.27 Acres lot
$N/A/sqft
No HOA
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Listed by: Jennifer Gurnell • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24082838
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.