93 Quarry Ridge Road #93New Preston Marble DaleCT06777
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 New Preston Marble Dale at 93 Quarry Ridge Road #93, New Preston Marble Dale, CT, 06777 listed at $660,000 pairs $6,600/mo rent with a $3,230/mo payment to leave $2,116/mo cash flow. Total monthly income runs $6,600/mo, and annual cash flow reaches $25,392/yr on $217,140 cash to close. Return on cash invested measures 31.75% in year one, and rental yield registers 12% at a $660,000 basis. Equity gained on principal adds $4,259/yr, and annual property appreciation at 5% supports $182,346 by year five. Five-year ROI tracks 167.12% and total cumulative return in cash totals $362,889. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $6,600/mo property income relative to a $3,230/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1995
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06777, New Preston Marble Dale, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,061 (100%) |
| Owner Occupied HU | 620 (58.4%) |
| Renter Occupied HU | 120 (11.3%) |
| Vacant Housing Units | 321 (30.3%) |
| Median Home Value | $605,042 |
| Average Home Value | $893,431 |
Housing Distribution
Address Breakdown
Residential
900
Single Family
900
Multi-Family
0
Businesses
89
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Judith Auchincloss • Klemm Real Estate Inc
Mls Name: Smart MLS
Mls ID: #24092315