20C Yankee Glen Drive #20CMadisonCT06443
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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 Madison at 20C Yankee Glen Drive #20C, Madison, CT, 06443 uses $120,169 cash to close to unlock $7,599/yr annual cash flow and $633/mo monthly cash flow. Total monthly income runs $3,096/mo, and a $1,774/mo payment keeps the spread at $633/mo. Purchase price stands at $362,500, and rental yield measures 10.25% with $3,096/mo rent. Return on cash invested shows 26.23% in year one, and 5% annual appreciation builds toward $100,152 over five years. Five-year ROI reaches 137.58% and total cumulative return in cash records $165,326. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,096/mo property income covering a $1,774/mo payment rather than investor’s personal income.
Condo
Built in 1979
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06443, Madison, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,186 (100%) |
| Owner Occupied HU | 6,139 (75.0%) |
| Renter Occupied HU | 909 (11.1%) |
| Vacant Housing Units | 1,138 (13.9%) |
| Median Home Value | $595,158 |
| Average Home Value | $657,939 |
Housing Distribution
Address Breakdown
Residential
7,784
Single Family
7,546
Multi-Family
238
Businesses
808
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Listed by: Dallas A. Davis • Dalvis Realty
Mls Name: Smart MLS
Mls ID: #24133098