823 North StreetGoshenCT06756
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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 Goshen at 823 North Street, Goshen, CT, 06756 earns $1,912/mo cash flow from $4,595/mo rent with a $1,933/mo payment. Total monthly income totals $4,595/mo, and annual cash flow totals $22,938/yr on $130,943 capital. ROI tracks 37.43% on current figures, and rental yield reads 13.96% at a $395,000 purchase. Equity gained on principal adds $2,549/yr, and 5% annual appreciation supports $109,131 over five years. Five-year ROI reaches 197.59% and total cumulative return in cash sums $258,726. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,595/mo property income instead of your personal income.
Single Family
Built in 1952
6.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06756, Goshen, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,722 (100%) |
| Owner Occupied HU | 1,190 (69.1%) |
| Renter Occupied HU | 104 ( 6.0%) |
| Vacant Housing Units | 428 (24.9%) |
| Median Home Value | $528,488 |
| Average Home Value | $624,960 |
Housing Distribution
Address Breakdown
Residential
1,364
Single Family
1,364
Multi-Family
0
Businesses
82
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Listed by: Tammy Wilcox • Sullivan Real Estate Inc
Mls Name: Smart MLS
Mls ID: #24126810