151 Kingswood DrAvonCT06001
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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 Avon at 151 Kingswood Dr, Avon, CT, 06001 priced at $1,050,000 converts $3,658/mo rent into after a $5,139/mo obligation. Total monthly income equals $3,658/mo. Return on cash invested prints 8.11% in year one, and rental yield reads 4.18% against a $1,050,000 entry. Equity gained on principal adds $6,775/yr, while 5% annual appreciation compiles into $290,096 by year five. Five-year ROI reaches 40.28% and total cumulative return in cash sums $137,021. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,658/mo property income covering a $5,139/mo payment, not borrower’s personal income.
Single Family
Built in 1998
0.92 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
7,864
Single Family
7,314
Multi-Family
550
Businesses
934
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Listed by: Gregory Frey • RE/MAX Prime Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24095360
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.