9 Lilac Lane #9ProspectCT06712
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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
Investment property for sale in Prospect at 9 Lilac Lane #9, Prospect, CT, 06712 earns from $3,139/mo rent with a $2,227/mo payment. Total monthly income totals $3,139/mo. ROI tracks 16.87% on current figures, and rental yield reads 8.28% at a $454,900 purchase. Equity gained on principal adds $2,935/yr, and 5% annual appreciation supports $125,680 over five years. Five-year ROI reaches 88.57% and total cumulative return in cash sums $133,556. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,139/mo property income instead of your personal income.
Condo
Built in 2011
N/A lot
$N/A/sqft
$430 other HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06712, Prospect, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,813 (100%) |
| Owner Occupied HU | 3,462 (90.8%) |
| Renter Occupied HU | 242 ( 6.3%) |
| Vacant Housing Units | 109 ( 2.9%) |
| Median Home Value | $422,004 |
| Average Home Value | $449,272 |
Housing Distribution
Address Breakdown
Residential
3,663
Single Family
3,663
Multi-Family
0
Businesses
314
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Listed by: Dave Jones • Dave Jones Realty, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24111897
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.