137 Greenwood LaneMonroeCT06468
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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 Monroe at 137 Greenwood Lane, Monroe, CT, 06468 earns $46/mo cash flow from $4,800/mo rent with a $3,425/mo payment. Total monthly income totals $4,800/mo, and annual cash flow totals $547/yr on $230,201 capital. ROI tracks 20.3% on current figures, and rental yield reads 8.23% at a $699,700 purchase. Equity gained on principal adds $4,515/yr, and 5% annual appreciation supports $193,314 over five years. Five-year ROI reaches 105.7% and total cumulative return in cash sums $243,317. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,800/mo property income instead of your personal income.
Single Family
Built in 1977
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06468, Monroe, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,906 (100%) |
| Owner Occupied HU | 6,235 (90.3%) |
| Renter Occupied HU | 498 ( 7.2%) |
| Vacant Housing Units | 173 ( 2.5%) |
| Median Home Value | $522,292 |
| Average Home Value | $573,501 |
Housing Distribution
Address Breakdown
Residential
6,919
Single Family
6,889
Multi-Family
30
Businesses
808
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Listed by: Nick A. Jones • BHGRE Gaetano Marra Homes
Mls Name: Smart MLS
Mls ID: #24141811