10 Riverview Court #10BrookfieldCT06804
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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
Investment property for sale in Brookfield at 10 Riverview Court #10, Brookfield, CT, 06804 offers a 9.82% rental yield on a $395,000 purchase with $3,234/mo rent. Total monthly income registers $3,234/mo, and a $1,933/mo payment leaves $551/mo available for distribution. Annual cash flow reaches $6,606/yr on $130,943 to close, and return on cash invested stands at 24.95% in year one. Equity gained on principal adds $2,549/yr while 5% annual appreciation supports $109,131 over five years. Portfolio math shows five-year ROI at 130.7% and total cumulative return in cash at $171,138. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,234/mo property income against a $1,933/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2013
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06804, Brookfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,330 (100%) |
| Owner Occupied HU | 5,756 (78.5%) |
| Renter Occupied HU | 1,208 (16.5%) |
| Vacant Housing Units | 366 ( 5.0%) |
| Median Home Value | $536,475 |
| Average Home Value | $612,414 |
Housing Distribution
Address Breakdown
Residential
7,313
Single Family
6,531
Multi-Family
782
Businesses
927
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Listed by: Patty McCarthy • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24137070