80 Elizabeth LaneMiddletownCT06457
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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
Total monthly income runs $3,646/mo, and a $2,814/mo payment. Purchase price stands at $575,000, and rental yield measures 7.61% with $3,646/mo rent. Return on cash invested shows 18.41% in year one, and 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 95.57% and total cumulative return in cash records $180,791. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,646/mo property income covering a $2,814/mo payment rather than investor’s personal income.
Single Family
Built in 2000
1.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06457, Middletown, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,098 (100%) |
| Owner Occupied HU | 11,117 (50.3%) |
| Renter Occupied HU | 9,428 (42.7%) |
| Vacant Housing Units | 1,553 ( 7.0%) |
| Median Home Value | $343,608 |
| Average Home Value | $392,667 |
Housing Distribution
Address Breakdown
Residential
20,793
Single Family
17,574
Multi-Family
3,219
Businesses
1,530
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Listed by: Amy P. Rio • Executive Real Estate Inc.
Mls Name: Smart MLS
Mls ID: #24119901