20 Crest DriveVernonCT06066
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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
Rental property for sale in Vernon at 20 Crest Drive, Vernon, CT, 06066 offers $3,536/mo rent that, after a $1,957/mo payment, leaves $819/mo cash flow. Total monthly income is $3,536/mo, and annual cash flow is $9,830/yr on $132,567 cash. Return on cash invested measures 27.32% in year one, and rental yield stands at 10.61% at a $399,900 entry. Equity gained on principal adds $2,580/yr while 5% annual appreciation compounds into $110,485 by year five. Five-year ROI records 143.43% and total cumulative return in cash reaches $190,136. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,536/mo property income versus a $1,957/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06066, Vernon Rockville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,982 (100%) |
| Owner Occupied HU | 7,577 (50.6%) |
| Renter Occupied HU | 6,605 (44.1%) |
| Vacant Housing Units | 800 ( 5.3%) |
| Median Home Value | $262,383 |
| Average Home Value | $287,679 |
Housing Distribution
Address Breakdown
Residential
14,517
Single Family
13,602
Multi-Family
915
Businesses
966
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Nearby investment properties with comparable prices
Listed by: Vin Verrillo • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24124877