91 Main StreetFalls VillageCT06031
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 Falls Village at 91 Main Street, Falls Village, CT, 06031 uses $195,755 cash to close to unlock $2,994/yr annual cash flow and $250/mo monthly cash flow. Total monthly income runs $4,292/mo, and a $2,912/mo payment keeps the spread at $250/mo. Purchase price stands at $595,000, and rental yield measures 8.66% with $4,292/mo rent. Return on cash invested shows 21.59% in year one, and 5% annual appreciation builds toward $164,388 over five years. Five-year ROI reaches 112.63% and total cumulative return in cash records $220,478. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,292/mo property income covering a $2,912/mo payment rather than investor’s personal income.
Single Family
Built in 1840
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06031, Falls Village, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 841 (100%) |
| Owner Occupied HU | 504 (59.9%) |
| Renter Occupied HU | 128 (15.2%) |
| Vacant Housing Units | 209 (24.9%) |
| Median Home Value | $620,000 |
| Average Home Value | $805,565 |
Housing Distribution
Address Breakdown
Residential
519
Single Family
519
Multi-Family
0
Businesses
65
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary A. Taylor • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24122834
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.