109 Union StVernonCT06066
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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 Vernon at 109 Union St, Vernon, CT, 06066 priced at $599,900 pairs $2,384/mo rent with after a $2,936/mo payment. Total monthly income equals $2,384/mo. Return on cash invested is 9.77% in year one, and rental yield stands at 4.77% on a $599,900 basis. Equity gained on principal adds $3,871/yr, and 5% annual appreciation accumulates to $165,741 by year five. Five-year ROI measures 49.27% and total cumulative return in cash reaches $97,252. For financing, Ziffy Mortgage’s DSCR program evaluates $2,384/mo property income against a $2,936/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1900
0.64 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: Michael H. Truong • eXp Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24084789
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.