86 Christian Hill RoadHigganumCT06441
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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
Rental property for sale in Higganum at 86 Christian Hill Road, Higganum, CT, 06441 priced at $300,000 converts $2,629/mo rent into $591/mo cash flow after a $1,468/mo obligation. Total monthly income equals $2,629/mo, and annual cash flow totals $7,092/yr on $99,450 invested. Return on cash invested prints 27.04% in year one, and rental yield reads 10.52% against a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,884 by year five. Five-year ROI reaches 141.86% and total cumulative return in cash sums $141,084. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,629/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 1950
2.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06441, Higganum, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,205 (100%) |
| Owner Occupied HU | 1,928 (87.4%) |
| Renter Occupied HU | 178 ( 8.1%) |
| Vacant Housing Units | 99 ( 4.5%) |
| Median Home Value | $480,524 |
| Average Home Value | $556,845 |
Housing Distribution
Address Breakdown
Residential
2,050
Single Family
2,050
Multi-Family
0
Businesses
132
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Listed by: Kayla Chasse • Compass Connecticut, LLC
Mls Name: Smart MLS
Mls ID: #24140154