190 Cornwall Bridge RdSharonCT06069
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 Sharon at 190 Cornwall Bridge Rd, Sharon, CT, 06069 priced at $565,000 pairs $4,921/mo rent with $1,083/mo cash flow after a $2,765/mo payment. Total monthly income equals $4,921/mo, and annual cash flow comes to $12,990/yr on $185,885 invested. Return on cash invested is 27.05% in year one, and rental yield stands at 10.45% on a $565,000 basis. Equity gained on principal adds $3,646/yr, and 5% annual appreciation accumulates to $156,099 by year five. Five-year ROI measures 141.9% and total cumulative return in cash reaches $263,763. For financing, Ziffy Mortgage’s DSCR program evaluates $4,921/mo property income against a $2,765/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06069, Sharon, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,665 (100%) |
| Owner Occupied HU | 972 (58.4%) |
| Renter Occupied HU | 215 (12.9%) |
| Vacant Housing Units | 478 (28.7%) |
| Median Home Value | $681,111 |
| Average Home Value | $900,139 |
Housing Distribution
Address Breakdown
Residential
981
Single Family
981
Multi-Family
0
Businesses
163
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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