103 Montauk DriveVernonCT06066
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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 Vernon at 103 Montauk Drive, Vernon, CT, 06066 listed at $349,999 pairs $2,828/mo rent with a $1,713/mo payment to leave $450/mo cash flow. Total monthly income runs $2,828/mo, and annual cash flow reaches $5,400/yr on $116,025 cash to close. Return on cash invested measures 24.56% in year one, and rental yield registers 9.7% at a $349,999 basis. Equity gained on principal adds $2,258/yr, and annual property appreciation at 5% supports $96,698 by year five. Five-year ROI tracks 128.57% and total cumulative return in cash totals $149,174. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,828/mo property income relative to a $1,713/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1966
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06066, Vernon Rockville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,982 (100%) |
| Owner Occupied HU | 7,577 (50.6%) |
| Renter Occupied HU | 6,605 (44.1%) |
| Vacant Housing Units | 800 ( 5.3%) |
| Median Home Value | $262,383 |
| Average Home Value | $287,679 |
Housing Distribution
Address Breakdown
Residential
14,517
Single Family
13,602
Multi-Family
915
Businesses
966
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Nearby investment properties with comparable prices
Listed by: Ana Pritchard • Real Broker CT, LLC
Mls Name: Smart MLS
Mls ID: #24145050