8 Roosevelt DriveNewtownCT06470
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
Rental property for sale in Newtown at 8 Roosevelt Drive, Newtown, CT, 06470 generates $4,712/mo in rent and, after a $2,839/mo payment, leaves $771/mo in cash flow. Total monthly income is $4,712/mo, and annual cash flow is $9,252/yr on $190,820 invested. Return on cash invested sits at 24.91% in year one, and rental yield is 9.75% on a $580,000 entry. Equity gained on principal adds $3,743/yr, while 5% annual appreciation builds toward $160,243 over five years. Five-year ROI reaches 130.41% and total cumulative return in cash sums $248,853. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,712/mo property income rather than buyer’s personal income.
Single Family
Built in 1965
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06470, Newtown, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,335 (100%) |
| Owner Occupied HU | 5,158 (81.4%) |
| Renter Occupied HU | 829 (13.1%) |
| Vacant Housing Units | 348 ( 5.5%) |
| Median Home Value | $581,346 |
| Average Home Value | $622,156 |
Housing Distribution
Address Breakdown
Residential
6,300
Single Family
6,159
Multi-Family
141
Businesses
737
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kendra D. Bobowick • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24114612
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.