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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Sherman at 16-17 Coburn Rd E, Sherman, CT, 06784 offers $7,800/mo rent that, after a $4,038/mo payment, leaves $2,195/mo cash flow. Total monthly income is $7,800/mo, and annual cash flow is $26,334/yr on $271,425 cash. Return on cash invested measures 29.76% in year one, and rental yield stands at 11.35% at a $825,000 entry. Equity gained on principal adds $5,324/yr while 5% annual appreciation compounds into $227,932 by year five. Five-year ROI records 156.45% and total cumulative return in cash reaches $424,653. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,800/mo property income versus a $4,038/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1853
10.83 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06784, Sherman, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,931 (100%) |
| Owner Occupied HU | 1,399 (72.4%) |
| Renter Occupied HU | 124 ( 6.4%) |
| Vacant Housing Units | 408 (21.1%) |
| Median Home Value | $657,151 |
| Average Home Value | $750,236 |
Residential
1,738
Single Family
1,738
Multi-Family
0
Businesses
96
Date | Event | Price |
|---|---|---|
| 2025-04-05 | Listed for sale | $825,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
None
Listed by: Stephen Pener • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24084520
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.
