91 Highview TerraceMiddletownCT06457
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
Investment property for sale in Middletown at 91 Highview Terrace, Middletown, CT, 06457 earns $18/mo cash flow from $2,220/mo rent with a $1,586/mo payment. Total monthly income totals $2,220/mo, and annual cash flow totals $221/yr on $107,406 capital. ROI tracks 20.11% on current figures, and rental yield reads 8.22% at a $324,000 purchase. Equity gained on principal adds $2,091/yr, and 5% annual appreciation supports $89,515 over five years. Five-year ROI reaches 104.76% and total cumulative return in cash sums $112,523. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,220/mo property income instead of your personal income.
Single Family
Built in 1963
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06457, Middletown, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,098 (100%) |
| Owner Occupied HU | 11,117 (50.3%) |
| Renter Occupied HU | 9,428 (42.7%) |
| Vacant Housing Units | 1,553 ( 7.0%) |
| Median Home Value | $343,608 |
| Average Home Value | $392,667 |
Housing Distribution
Address Breakdown
Residential
20,793
Single Family
17,574
Multi-Family
3,219
Businesses
1,530
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Listed by: Angela Smeriglio • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24143903