87 Cathole RoadLitchfieldCT06750
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
Investment property for sale in Litchfield at 87 Cathole Road, Litchfield, CT, 06750 offers a 4.26% rental yield on a $1,175,000 purchase with $4,171/mo rent. 35% in year one. Equity gained on principal adds $7,582/yr while 5% annual appreciation supports $324,631 over five years. Portfolio math shows five-year ROI at 41.59% and total cumulative return in cash at $158,314. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,171/mo property income against a $5,751/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1901
6.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06750, Bantam, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 806 (100%) |
| Owner Occupied HU | 498 (61.8%) |
| Renter Occupied HU | 211 (26.2%) |
| Vacant Housing Units | 97 (12.0%) |
| Median Home Value | $378,761 |
| Average Home Value | $545,522 |
Housing Distribution
Address Breakdown
Residential
575
Single Family
482
Multi-Family
93
Businesses
99
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Listed by: Matt McElhone • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls ID: #24120717