882 Killingworth 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 882 Killingworth Road, Higganum, CT, 06441 priced at $679,900 pairs $0/mo rent with after a $3,328/mo payment. Total monthly income equals $0/mo. Return on cash invested is -4.72% in year one, and rental yield stands at 0% on a $679,900 basis. Equity gained on principal adds $4,387/yr, and 5% annual appreciation accumulates to $187,844 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $3,328/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
2.15 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Robert W. Paskiewicz • CT Home Pro, LLC
Mls Name: Smart MLS
Mls ID: #24132626