9 Doubleday RoadColumbiaCT06237
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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 Columbia at 9 Doubleday Road, Columbia, CT, 06237 generates $2,676/mo in rent and, after a $1,561/mo payment, leaves $509/mo in cash flow. Total monthly income is $2,676/mo, and annual cash flow is $6,107/yr on $105,749 invested. Return on cash invested sits at 25.68% in year one, and rental yield is 10.07% on a $319,000 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 134.61% and total cumulative return in cash sums $142,345. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,676/mo property income rather than buyer’s personal income.
Single Family
Built in 1968
3.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06237, Columbia, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,272 (100%) |
| Owner Occupied HU | 1,914 (84.2%) |
| Renter Occupied HU | 182 ( 8.0%) |
| Vacant Housing Units | 176 ( 7.7%) |
| Median Home Value | $361,831 |
| Average Home Value | $389,323 |
Housing Distribution
Address Breakdown
Residential
2,135
Single Family
2,112
Multi-Family
23
Businesses
115
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Listed by: Erika Jean Weisenburger Kenneth • KEY Real Estate Services LLC
Mls Name: Smart MLS
Mls ID: #24144452