92 Main Street #214Deep RiverCT06417
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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 Deep River at 92 Main Street #214, Deep River, CT, 06417 generates $2,804/mo in rent and, after a $1,150/mo payment, leaves $735/mo in cash flow. Total monthly income is $2,804/mo, and annual cash flow is $8,814/yr on $77,903 invested. Return on cash invested sits at 31.22% in year one, and rental yield is 14.32% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 166.98% and total cumulative return in cash sums $130,084. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,804/mo property income rather than buyer’s personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$473 monthly HOA
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Listed by: Richard Greene • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24097155
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.