Lot #2 Taylor RoadColchesterCT06415
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
Rental property for sale in Colchester at Lot #2 Taylor Road, Colchester, CT, 06415 priced at $840,000 pairs $3,000/mo rent with after a $4,111/mo payment. Total monthly income equals $3,000/mo. Return on cash invested is 8.31% in year one, and rental yield stands at 4.29% on a $840,000 basis. Equity gained on principal adds $5,420/yr, and 5% annual appreciation accumulates to $232,077 by year five. Five-year ROI measures 41.38% and total cumulative return in cash reaches $114,362. For financing, Ziffy Mortgage’s DSCR program evaluates $3,000/mo property income against a $4,111/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
3.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06415, Colchester, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,191 (100%) |
| Owner Occupied HU | 5,223 (72.6%) |
| Renter Occupied HU | 1,325 (18.4%) |
| Vacant Housing Units | 643 ( 8.9%) |
| Median Home Value | $372,596 |
| Average Home Value | $404,128 |
Housing Distribution
Address Breakdown
Residential
6,910
Single Family
6,666
Multi-Family
244
Businesses
470
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy P. Rio • Executive Real Estate Inc.
Mls Name: Smart MLS
Mls ID: #24120779