156 Huntington DriveVernonCT06066
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Nearby investment properties with comparable prices
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 Vernon at 156 Huntington Drive, Vernon, CT, 06066 priced at $505,000 pairs $3,696/mo rent with $265/mo cash flow after a $2,472/mo payment. Total monthly income equals $3,696/mo, and annual cash flow comes to $3,174/yr on $166,145 invested. Return on cash invested is 21.97% in year one, and rental yield stands at 8.78% on a $505,000 basis. Equity gained on principal adds $3,259/yr, and 5% annual appreciation accumulates to $139,522 by year five. Five-year ROI measures 114.67% and total cumulative return in cash reaches $190,518. For financing, Ziffy Mortgage’s DSCR program evaluates $3,696/mo property income against a $2,472/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1966
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06066, Vernon Rockville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,982 (100%) |
| Owner Occupied HU | 7,577 (50.6%) |
| Renter Occupied HU | 6,605 (44.1%) |
| Vacant Housing Units | 800 ( 5.3%) |
| Median Home Value | $262,383 |
| Average Home Value | $287,679 |
Housing Distribution
Address Breakdown
Residential
14,517
Single Family
13,602
Multi-Family
915
Businesses
966
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Listed by: Jessica Boswell • LPT Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24120665
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.