82 Alpine Drive #82ColchesterCT06415
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
Total monthly income runs $1,800/mo, and a $2,643/mo payment. Purchase price stands at $539,900, and rental yield measures 4% with $1,800/mo rent. Return on cash invested shows 7.44% in year one, and 5% annual appreciation builds toward $149,164 over five years. Five-year ROI reaches 36.74% and total cumulative return in cash records $65,263. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,800/mo property income covering a $2,643/mo payment rather than investor’s personal income.
Condo
Built in 2013
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06415, Colchester, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,191 (100%) |
| Owner Occupied HU | 5,223 (72.6%) |
| Renter Occupied HU | 1,325 (18.4%) |
| Vacant Housing Units | 643 ( 8.9%) |
| Median Home Value | $372,596 |
| Average Home Value | $404,128 |
Housing Distribution
Address Breakdown
Residential
6,910
Single Family
6,666
Multi-Family
244
Businesses
470
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeffrey R. Anderson • William Pitt Sotheby's Internatiomal Realty
Mls Name: Smart MLS
Mls ID: #24117297