203 Branch Rd UNIT 7AThomastonCT06787
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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 Thomaston at 203 Branch Rd UNIT 7A, Thomaston, CT, 06787 offers $2,281/mo rent that, after a $1,219/mo payment, leaves $317/mo cash flow. Total monthly income is $2,281/mo, and annual cash flow is $3,803/yr on $82,544 cash. Return on cash invested measures 24.52% in year one, and rental yield stands at 10.99% at a $249,000 entry. Equity gained on principal adds $1,607/yr while 5% annual appreciation compounds into $68,794 by year five. Five-year ROI records 129.76% and total cumulative return in cash reaches $107,108. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,281/mo property income versus a $1,219/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1991
N/A lot
$N/A/sqft
$272 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06787, Thomaston, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,423 (100%) |
| Owner Occupied HU | 2,467 (72.1%) |
| Renter Occupied HU | 767 (22.4%) |
| Vacant Housing Units | 189 ( 5.5%) |
| Median Home Value | $294,097 |
| Average Home Value | $359,392 |
Housing Distribution
Address Breakdown
Residential
3,274
Single Family
3,192
Multi-Family
82
Businesses
361
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Listed by: Amanda Balaski • Northwest CT Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24080219
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.