106 Evergreen RoadVernonCT06066
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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 Vernon at 106 Evergreen Road, Vernon, CT, 06066 at $334,500 posts ROI 34.17% with $1,317/mo cash flow from $3,590/mo rent. Total monthly income equals $3,590/mo, and annual cash flow records $15,809/yr on $110,887 to close. Return on cash invested measures 34.17% and rental yield reads 12.88% at the current $334,500. Equity gained on principal adds $2,158/yr, and 5% annual appreciation supports $92,416 by year five. Five-year ROI prints 180.11% and total cumulative return in cash totals $199,723.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,590/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1974
1.02 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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Listed by: Melanie O'donnell • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24116247
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.