1213 Avon BoulevardCheshireCT06410
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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 Cheshire at 1213 Avon Boulevard, Cheshire, CT, 06410 offers a 10.47% rental yield on a $485,000 purchase with $4,230/mo rent. Total monthly income registers $4,230/mo, and a $2,374/mo payment leaves $935/mo available for distribution. Annual cash flow reaches $11,214/yr on $160,778 to close, and return on cash invested stands at 26.88% in year one. Equity gained on principal adds $3,130/yr while 5% annual appreciation supports $133,997 over five years. Portfolio math shows five-year ROI at 141.04% and total cumulative return in cash at $226,766. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,230/mo property income against a $2,374/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06410, Cheshire, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,563 (100%) |
| Owner Occupied HU | 8,882 (84.1%) |
| Renter Occupied HU | 1,273 (12.1%) |
| Vacant Housing Units | 408 ( 3.9%) |
| Median Home Value | $479,284 |
| Average Home Value | $506,891 |
Housing Distribution
Address Breakdown
Residential
10,425
Single Family
9,844
Multi-Family
581
Businesses
970
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Listed by: Jill Nathanson-Zaengel • Press/Cuozzo Realtors
Mls Name: Smart MLS
Mls ID: #24133568