175 Cross Hill RoadMonroeCT06468
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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 Monroe at 175 Cross Hill Road, Monroe, CT, 06468 offers a 9.19% rental yield on a $612,000 purchase with $4,686/mo rent. Total monthly income registers $4,686/mo, and a $2,995/mo payment leaves $528/mo available for distribution. Annual cash flow reaches $6,338/yr on $201,348 to close, and return on cash invested stands at 23.21% in year one. Equity gained on principal adds $3,949/yr while 5% annual appreciation supports $169,084 over five years. Portfolio math shows five-year ROI at 121.31% and total cumulative return in cash at $244,259. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,686/mo property income against a $2,995/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06468, Monroe, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,906 (100%) |
| Owner Occupied HU | 6,235 (90.3%) |
| Renter Occupied HU | 498 ( 7.2%) |
| Vacant Housing Units | 173 ( 2.5%) |
| Median Home Value | $522,292 |
| Average Home Value | $573,501 |
Housing Distribution
Address Breakdown
Residential
6,919
Single Family
6,889
Multi-Family
30
Businesses
808
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Listed by: Marybeth Zarifian • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24101572
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.