16 Verona DrRiversideCT06878
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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 Riverside at 16 Verona Dr, Riverside, CT, 06878 projects strong ROI of 9.75%. Rental yield 4.71%. With 5% annual appreciation, the property builds $725,239 in value over five years. Equity growth combined delivers a projected five-year ROI of 49.09%, translating into $417,488 in total cumulative return on $850,500 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 1952
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06878, Riverside, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,914 (100%) |
| Owner Occupied HU | 2,196 (75.4%) |
| Renter Occupied HU | 565 (19.4%) |
| Vacant Housing Units | 153 ( 5.3%) |
| Median Home Value | $1,682,281 |
| Average Home Value | $1,611,898 |
Housing Distribution
Address Breakdown
Residential
2,861
Single Family
2,728
Multi-Family
133
Businesses
270
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Listed by: Karen Scrivanos Oztemel • BHHS New England Properties
Mls Name: Greenwich MLS, Inc.
Mls Provider:
Mls ID: #122936
Disclaimer: Listing data courtesy of Greenwich MLS. IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.