91 Grove StreetClintonCT06413
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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 Clinton at 91 Grove Street, Clinton, CT, 06413 generates $3,769/mo in rent, after a $3,617/mo payment. Total monthly income is $3,769/mo. Return on cash invested sits at 13.88% in year one, and rental yield is 6.12% on a $739,000 entry. Equity gained on principal adds $4,769/yr, while 5% annual appreciation builds toward $204,172 over five years. Five-year ROI reaches 71.27% and total cumulative return in cash sums $173,288. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,769/mo property income rather than buyer’s personal income.
Single Family
Built in 1928
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06413, Clinton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,195 (100%) |
| Owner Occupied HU | 4,509 (72.8%) |
| Renter Occupied HU | 1,064 (17.2%) |
| Vacant Housing Units | 622 (10.0%) |
| Median Home Value | $438,249 |
| Average Home Value | $494,930 |
Housing Distribution
Address Breakdown
Residential
5,886
Single Family
5,754
Multi-Family
132
Businesses
546
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Listed by: Matt Rose • Keller Williams Realty
Mls Name: Smart MLS
Mls ID: #24118328