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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Vernon at 21 Laurel St, Vernon, CT, 06066 generates $1,752/mo in rent and, after a $1,224/mo payment, leaves $53/mo in cash flow. Total monthly income is $1,752/mo, and annual cash flow is $636/yr on $82,875 invested. Return on cash invested sits at 20.68% in year one, and rental yield is 8.41% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 107.73% and total cumulative return in cash sums $89,278. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,752/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06066, Vernon Rockville, CT area.
| 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 |
Residential
14,517
Single Family
13,602
Multi-Family
915
Businesses
966
Date | Event | Price |
|---|---|---|
| 2025-03-14 | Listed for sale | $250,000 |
| 2025-03-14 | Listing removed | $250,000 |
| 2025-01-09 | Listed for sale | $250,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-20 | $3863.00 | 5.09% | $110,100 | N/A |
| 2023-03-20 | $3676.00 | N/A | $110,100 | N/A |
| 2022-03-20 | $3676.00 | -0.22% | $110,100 | 18.45% |
What's Special
None
Listed by: Zack Decaro • Property Works New England
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24080494
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.
