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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Gales Ferry at 9 Thamesview Pentway, Gales Ferry, CT, 06335 priced at $469,900 pairs $2,368/mo rent with after a $2,300/mo payment. Total monthly income equals $2,368/mo. Return on cash invested is 13.56% in year one, and rental yield stands at 6.05% on a $469,900 basis. Equity gained on principal adds $3,032/yr, and 5% annual appreciation accumulates to $129,825 by year five. Five-year ROI measures 69.58% and total cumulative return in cash reaches $108,386. For financing, Ziffy Mortgage’s DSCR program evaluates $2,368/mo property income against a $2,300/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
1.97 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06335, Gales Ferry, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,719 (100%) |
| Owner Occupied HU | 2,191 (80.6%) |
| Renter Occupied HU | 375 (13.8%) |
| Vacant Housing Units | 153 ( 5.6%) |
| Median Home Value | $332,483 |
| Average Home Value | $361,753 |
Residential
2,646
Single Family
2,616
Multi-Family
30
Businesses
157
Date | Event | Price |
|---|---|---|
| 2024-08-09 | Listed for sale | $469,900 |
| 2023-02-24 | Sold | $52,500 |
| 2023-02-09 | Pending sale | $60,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $1824.00 | 2.18% | $52,780 | N/A |
| 2022-10-15 | $1785.00 | 0.68% | $52,780 | N/A |
| 2021-10-15 | $1773.00 | 1.03% | $52,780 | 5.16% |
What's Special
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Listed by: The Bill Heenan Team • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24020416
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.
