224 Heritage Vlg #BSouthburyCT06488
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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 Southbury at 224 Heritage Vlg #B, Southbury, CT, 06488 with 5% annual appreciation on a $375,000 basis while $3,336/mo rent supports operations. Total monthly income totals $3,336/mo and a $1,835/mo payment preserves $38/mo for cash returns. Annual cash flow comes to $450/yr on $124,313 deployed, and return on cash invested reaches 20.27% in year one. Equity gained on principal adds $2,420/yr, and five-year appreciation sums $103,606 alongside rental yield of 10.68%. Five-year ROI measures 108.22% and total cumulative return in cash totals $134,535.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,336/mo property income versus a $1,835/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1969
N/A lot
$N/A/sqft
$751 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06488, Southbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,384 (100%) |
| Owner Occupied HU | 7,566 (80.6%) |
| Renter Occupied HU | 1,168 (12.4%) |
| Vacant Housing Units | 650 ( 6.9%) |
| Median Home Value | $468,971 |
| Average Home Value | $493,137 |
Housing Distribution
Address Breakdown
Residential
8,760
Single Family
8,268
Multi-Family
492
Businesses
780
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Listed by: Marian Van Egas • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24082989
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