8 Sassafras LaneClintonCT06413
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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 Clinton at 8 Sassafras Lane, Clinton, CT, 06413 at $595,000 posts ROI 27.46% with $1,208/mo cash flow from $5,250/mo rent. Total monthly income equals $5,250/mo, and annual cash flow records $14,490/yr on $195,755 to close. Return on cash invested measures 27.46% and rental yield reads 10.59% at the current $595,000. Equity gained on principal adds $3,839/yr, and 5% annual appreciation supports $164,388 by year five. Five-year ROI prints 144.12% and total cumulative return in cash totals $282,122.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $5,250/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1983
1.11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06413, Clinton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,195 (100%) |
| Owner Occupied HU | 4,509 (72.8%) |
| Renter Occupied HU | 1,064 (17.2%) |
| Vacant Housing Units | 622 (10.0%) |
| Median Home Value | $438,249 |
| Average Home Value | $494,930 |
Housing Distribution
Address Breakdown
Residential
5,886
Single Family
5,754
Multi-Family
132
Businesses
546
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Listed by: Nassim Saad • RE/MAX on the Bay
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24105021
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.