22 Ledgewood Drive #22BrookfieldCT06804
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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 Brookfield at 22 Ledgewood Drive #22, Brookfield, CT, 06804 generates $4,259/mo in rent and, after a $1,958/mo payment, leaves $1,209/mo in cash flow. Total monthly income is $4,259/mo, and annual cash flow is $14,508/yr on $132,600 invested. Return on cash invested sits at 30.85% in year one, and rental yield is 12.78% on a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation builds toward $110,513 over five years. Five-year ROI reaches 163.38% and total cumulative return in cash sums $216,640. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,259/mo property income rather than buyer’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
$332 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06804, Brookfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,330 (100%) |
| Owner Occupied HU | 5,756 (78.5%) |
| Renter Occupied HU | 1,208 (16.5%) |
| Vacant Housing Units | 366 ( 5.0%) |
| Median Home Value | $536,475 |
| Average Home Value | $612,414 |
Housing Distribution
Address Breakdown
Residential
7,313
Single Family
6,531
Multi-Family
782
Businesses
927
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Listed by: Robert Morey • RE/MAX Right Choice
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24114844
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.