1134 Hartford Turnpike #2B2VernonCT06066
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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 1134 Hartford Turnpike #2B2, Vernon, CT, 06066 earns $170/mo cash flow from $1,359/mo rent with a $857/mo payment. Total monthly income totals $1,359/mo, and annual cash flow totals $2,034/yr on $58,013 capital. ROI tracks 23.42% on current figures, and rental yield reads 9.32% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 122.49% and total cumulative return in cash sums $71,059. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,359/mo property income instead of your personal income.
Condo
Built in 1981
N/A 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: Tammy J. Arute • Arute Realty Group LLC
Mls Name: Smart MLS
Mls ID: #24144969