2 Merritt WoodsBurlingtonCT06013
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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 Burlington at 2 Merritt Woods, Burlington, CT, 06013 with 5% annual appreciation on a $810,000 basis while $6,049/mo rent supports operations. Total monthly income totals $6,049/mo and a $3,965/mo payment preserves $545/mo for cash returns. Annual cash flow comes to $6,540/yr on $266,490 deployed, and return on cash invested reaches 22.51% in year one. Equity gained on principal adds $5,227/yr, and five-year appreciation sums $223,788 alongside rental yield of 8.96%. Five-year ROI measures 117.57% and total cumulative return in cash totals $313,323.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $6,049/mo property income versus a $3,965/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06013, Burlington, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,742 (100%) |
| Owner Occupied HU | 3,383 (90.4%) |
| Renter Occupied HU | 211 ( 5.6%) |
| Vacant Housing Units | 148 ( 4.0%) |
| Median Home Value | $454,238 |
| Average Home Value | $484,427 |
Housing Distribution
Address Breakdown
Residential
3,653
Single Family
3,612
Multi-Family
41
Businesses
175
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Listed by: Karen Diamantes • Country Manor Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24102738
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.