129 Forge Drive, Avon, CT, 06001 | 7.51% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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129 Forge Drive, Avon, CT, 06001 | 7.51% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Avon at 129 Forge Drive, Avon, CT, 06001 earns from $3,003/mo rent with a $2,349/mo payment. Total monthly income totals $3,003/mo. ROI tracks 17.96% on current figures, and rental yield reads 7.51% at a $479,900 purchase. Equity gained on principal adds $3,097/yr, and 5% annual appreciation supports $132,588 over five years. Five-year ROI reaches 93.22% and total cumulative return in cash sums $148,305. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,003/mo property income instead of your personal income.

Single Family

Built in 1978

0.92 Acres lot

$N/A/sqft

No HOA

More details about the property

Experience tranquility at its finest in this well-maintained home, presented in exceptional ready-to-move-in condition. Set back from the street within an established neighborhood, this residence is surrounded by the beauty of nature, offering both peace and privacy. Enjoy that comforting feeling of "New England living" that only a traditional layout Colonial can provide. The formal living room features a window seat providing a pleasant vantage point to admire the front yard and a full wall of custom built-in shelving, ideal for avid readers or collectors. Host family meals in the formal dining room and gatherings in the sunken family room where a fireplace contributes to the space's inviting atmosphere. Relax while taking in views of nature in the all-season room that seamlessly connects off the rear of the family room. Upstairs there are four spacious bedrooms, each offering ample storage and additional custom built-in shelving. The master suite is enhanced by a heated walk-in closet. For those looking for more living space, the clean, semi-finished walkout basement offers lots of future family space potential. Or take advantage of additional storage space in the loft located above the attached two-car garage. On the property, two outbuildings provide even more space-one serves as a spacious garden tool shed while the other is a charming sunroom structure, offering versatility as a playhouse, art studio, or seasonal entertaining area. Desirable underground utilities including natural gas. Schedule a visit to explore the potential of this truly distinctive and unique property.

Neighborhood Data

Neighborhood data shown for ZIP Code: 06001, Avon, CT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,867 (100%)
Owner Occupied HU	6,248 (79.4%)
Renter Occupied HU	1,192 (15.2%)
Vacant Housing Units	427 ( 5.4%)
Median Home Value	$541,074
Average Home Value	$597,313