96 Goose Hill RoadChesterCT06412
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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 Chester at 96 Goose Hill Road, Chester, CT, 06412 priced at $370,000 converts $2,267/mo rent into after a $1,811/mo obligation. Total monthly income equals $2,267/mo. Return on cash invested prints 17.49% in year one, and rental yield reads 7.35% against a $370,000 entry. Equity gained on principal adds $2,388/yr, while 5% annual appreciation compiles into $102,224 by year five. Five-year ROI reaches 90.65% and total cumulative return in cash sums $111,185. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,267/mo property income covering a $1,811/mo payment, not borrower’s personal income.
Single Family
Built in 2017
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06412, Chester, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,805 (100%) |
| Owner Occupied HU | 1,274 (70.6%) |
| Renter Occupied HU | 387 (21.4%) |
| Vacant Housing Units | 144 ( 8.0%) |
| Median Home Value | $481,842 |
| Average Home Value | $524,662 |
Housing Distribution
Address Breakdown
Residential
1,691
Single Family
1,586
Multi-Family
105
Businesses
188
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Listed by: Jason Archer • PMI East Lyme
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24103656
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.