190 Cold Spring RdAvonCT06001
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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 Avon at 190 Cold Spring Rd, Avon, CT, 06001 uses $304,325 cash to close to unlock $25,386/yr annual cash flow and $2,116/mo monthly cash flow. Total monthly income runs $8,400/mo, and a $4,527/mo payment keeps the spread at $2,116/mo. Purchase price stands at $925,000, and rental yield measures 10.9% with $8,400/mo rent. Return on cash invested shows 28.4% in year one, and 5% annual appreciation builds toward $255,560 over five years. Five-year ROI reaches 149.15% and total cumulative return in cash records $453,901. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $8,400/mo property income covering a $4,527/mo payment rather than investor’s personal income.
Single Family
Built in 1985
1.14 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
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Listed by: Maura K. Hammick • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24083708
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