17 Ardsley WayAvonCT06001
Nearby investment properties with comparable rents
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 Avon at 17 Ardsley Way, Avon, CT, 06001 offers $7,471/mo rent that, after a $4,307/mo payment, leaves $1,492/mo cash flow. Total monthly income is $7,471/mo, and annual cash flow is $17,904/yr on $289,520 cash. Return on cash invested measures 26.24% in year one, and rental yield stands at 10.19% at a $880,000 entry. Equity gained on principal adds $5,679/yr while 5% annual appreciation compounds into $243,128 by year five. Five-year ROI records 137.57% and total cumulative return in cash reaches $398,288. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $7,471/mo property income versus a $4,307/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
1.07 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ellen Seifts • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24091942
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.