23 Kenyon RoadMorrisCT06763
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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 Morris at 23 Kenyon Road, Morris, CT, 06763 with 5% annual appreciation on a $499,000 basis while $4,933/mo rent supports operations. Total monthly income totals $4,933/mo and a $2,442/mo payment preserves $1,543/mo for cash returns. Annual cash flow comes to $18,515/yr on $165,419 deployed, and return on cash invested reaches 31.1% in year one. Equity gained on principal adds $3,220/yr, and five-year appreciation sums $137,865 alongside rental yield of 11.86%. Five-year ROI measures 163.65% and total cumulative return in cash totals $270,702.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,933/mo property income versus a $2,442/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1977
3.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06763, Morris, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,111 (100%) |
| Owner Occupied HU | 662 (59.6%) |
| Renter Occupied HU | 149 (13.4%) |
| Vacant Housing Units | 300 (27.0%) |
| Median Home Value | $434,821 |
| Average Home Value | $552,644 |
Housing Distribution
Address Breakdown
Residential
832
Single Family
813
Multi-Family
19
Businesses
89
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Listed by: Alex Capozzoli • Keller Williams Realty
Mls Name: Smart MLS
Mls ID: #24135945