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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Cheshire at 85 Ridgeview Place, Cheshire, CT, 06410 offers a 7.59% rental yield on a $549,900 purchase with $3,480/mo rent. 36% in year one. Equity gained on principal adds $3,548/yr while 5% annual appreciation supports $151,927 over five years. Portfolio math shows five-year ROI at 95.34% and total cumulative return in cash at $172,478. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,480/mo property income against a $2,691/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1942
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06410, Cheshire, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,563 (100%) |
| Owner Occupied HU | 8,882 (84.1%) |
| Renter Occupied HU | 1,273 (12.1%) |
| Vacant Housing Units | 408 ( 3.9%) |
| Median Home Value | $479,284 |
| Average Home Value | $506,891 |
Residential
10,425
Single Family
9,844
Multi-Family
581
Businesses
970
Date | Event | Price |
|---|---|---|
| 2025-06-01 | Listed for sale | $549,900 |
| 1994-08-26 | Sold | $220,000 |
| 1988-06-14 | Sold | $226,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-02 | $8990.00 | 8.51% | $327,390 | 38.67% |
| 2023-06-02 | $8285.00 | 2.25% | $236,100 | N/A |
| 2022-06-02 | $8103.00 | 1.78% | $236,100 | N/A |
What's Special
Finished,Floored,Walk-up
Listed by: Nea Lisboa • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24099254
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.
