89 Park AveUncasvilleCT06382
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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 Uncasville at 89 Park Ave, Uncasville, CT, 06382 priced at $339,000 converts $2,563/mo rent into $260/mo cash flow after a $1,659/mo obligation. Total monthly income equals $2,563/mo, and annual cash flow totals $3,119/yr on $112,379 invested. Return on cash invested prints 22.68% in year one, and rental yield reads 9.07% against a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation compiles into $93,659 by year five. Five-year ROI reaches 118.52% and total cumulative return in cash sums $133,192. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,563/mo property income covering a $1,659/mo payment, not borrower’s personal income.
Single Family
Built in 1955
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06382, Uncasville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,385 (100%) |
| Owner Occupied HU | 3,149 (71.8%) |
| Renter Occupied HU | 950 (21.7%) |
| Vacant Housing Units | 286 ( 6.5%) |
| Median Home Value | $277,507 |
| Average Home Value | $324,269 |
Housing Distribution
Address Breakdown
Residential
4,164
Single Family
4,090
Multi-Family
74
Businesses
264
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Listed by: Lisa Maffeo • Signature Properties of NewEng
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24086264
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.