








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Columbia at 127 Route 87, Columbia, CT, 06237 generates $2,723/mo in rent and, after a $1,835/mo payment, leaves $176/mo in cash flow. Total monthly income is $2,723/mo, and annual cash flow is $2,108/yr on $124,279 invested. Return on cash invested sits at 21.61% in year one, and rental yield is 8.72% on a $374,900 entry. Equity gained on principal adds $2,419/yr, while 5% annual appreciation builds toward $103,578 over five years. Five-year ROI reaches 112.74% and total cumulative return in cash sums $140,107. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,723/mo property income rather than buyer’s personal income.
Single Family
Built in 1953
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06237, Columbia, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,272 (100%) |
| Owner Occupied HU | 1,914 (84.2%) |
| Renter Occupied HU | 182 ( 8.0%) |
| Vacant Housing Units | 176 ( 7.7%) |
| Median Home Value | $361,831 |
| Average Home Value | $389,323 |
Residential
2,135
Single Family
2,112
Multi-Family
23
Businesses
115
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Lindsey Niarhakos • RE/MAX One
Mls Name: Smart MLS
Mls ID: #24123670