9 Frankie LnTerryvilleCT06786
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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 Terryville at 9 Frankie Ln, Terryville, CT, 06786 generates $1,560/mo in rent, after a $1,669/mo payment. Total monthly income is $1,560/mo. Return on cash invested sits at 11.87% in year one, and rental yield is 5.49% on a $341,000 entry. Equity gained on principal adds $2,200/yr, while 5% annual appreciation builds toward $94,212 over five years. Five-year ROI reaches 60.59% and total cumulative return in cash sums $68,492. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,560/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06786, Terryville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,027 (100%) |
| Owner Occupied HU | 2,995 (74.4%) |
| Renter Occupied HU | 835 (20.7%) |
| Vacant Housing Units | 197 ( 4.9%) |
| Median Home Value | $271,494 |
| Average Home Value | $339,233 |
Housing Distribution
Address Breakdown
Residential
4,009
Single Family
3,939
Multi-Family
70
Businesses
263
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Listed by: Sylvia A. Mitchell • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24094430
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.