9 Lantern Hill LaneGuilfordCT06437
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
Rental property for sale in Guilford at 9 Lantern Hill Lane, Guilford, CT, 06437 offers $3,966/mo rent that, after a $5,751/mo payment. Total monthly income is $3,966/mo. Return on cash invested measures 7.71% in year one, and rental yield stands at 4.05% at a $1,175,000 entry. Equity gained on principal adds $7,582/yr while 5% annual appreciation compounds into $324,631 by year five. Five-year ROI records 38.12% and total cumulative return in cash reaches $145,126. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,966/mo property income versus a $5,751/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06437, Guilford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,679 (100%) |
| Owner Occupied HU | 7,587 (78.4%) |
| Renter Occupied HU | 1,276 (13.2%) |
| Vacant Housing Units | 816 ( 8.4%) |
| Median Home Value | $566,268 |
| Average Home Value | $620,913 |
Housing Distribution
Address Breakdown
Residential
9,388
Single Family
9,159
Multi-Family
229
Businesses
989
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Rose Ciardiello • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24127222