12 Sunny LaneShermanCT06784
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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 Sherman at 12 Sunny Lane, Sherman, CT, 06784 uses $269,747 cash to close to unlock $26,750/yr annual cash flow and $2,229/mo monthly cash flow. Total monthly income runs $7,800/mo, and a $4,013/mo payment keeps the spread at $2,229/mo. Purchase price stands at $819,900, and rental yield measures 11.42% with $7,800/mo rent. Return on cash invested shows 29.98% in year one, and 5% annual appreciation builds toward $226,523 over five years. Five-year ROI reaches 157.61% and total cumulative return in cash records $425,151. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $7,800/mo property income covering a $4,013/mo payment rather than investor’s personal income.
Single Family
Built in 1995
1.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06784, Sherman, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,931 (100%) |
| Owner Occupied HU | 1,399 (72.4%) |
| Renter Occupied HU | 124 ( 6.4%) |
| Vacant Housing Units | 408 (21.1%) |
| Median Home Value | $657,151 |
| Average Home Value | $750,236 |
Housing Distribution
Address Breakdown
Residential
1,738
Single Family
1,738
Multi-Family
0
Businesses
96
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Listed by: Heidi A. Mitchell • Luks Realty
Mls Name: Smart MLS
Mls ID: #24125099