120 East Rd LOT 11Broad BrookCT06016
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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 Broad Brook at 120 East Rd LOT 11, Broad Brook, CT, 06016 generates $2,953/mo in rent, after a $3,621/mo payment. Total monthly income is $2,953/mo. Return on cash invested sits at 9.84% in year one, and rental yield is 4.79% on a $739,900 entry. Equity gained on principal adds $4,774/yr, while 5% annual appreciation builds toward $204,421 over five years. Five-year ROI reaches 49.61% and total cumulative return in cash sums $120,759. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,953/mo property income rather than buyer’s personal income.
Single Family
Built in 2025
6.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06016, Broad Brook, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,990 (100%) |
| Owner Occupied HU | 1,989 (66.5%) |
| Renter Occupied HU | 824 (27.6%) |
| Vacant Housing Units | 177 ( 5.9%) |
| Median Home Value | $361,124 |
| Average Home Value | $373,009 |
Housing Distribution
Address Breakdown
Residential
2,771
Single Family
2,327
Multi-Family
444
Businesses
115
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Listed by: TEAM GABRIEL AT COLDWELL BANKER REALTY • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24079951
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.