23 Misty Meadow RdBurlingtonCT06013
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Burlington at 23 Misty Meadow Rd, Burlington, CT, 06013 offers $5,018/mo rent that, after a $3,670/mo payment. Total monthly income is $5,018/mo. Return on cash invested measures 19.69% in year one, and rental yield stands at 8.03% at a $749,900 entry. Equity gained on principal adds $4,839/yr while 5% annual appreciation compounds into $207,184 by year five. Five-year ROI records 102.43% and total cumulative return in cash reaches $252,706. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,018/mo property income versus a $3,670/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
1.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06013, Burlington, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,742 (100%) |
| Owner Occupied HU | 3,383 (90.4%) |
| Renter Occupied HU | 211 ( 5.6%) |
| Vacant Housing Units | 148 ( 4.0%) |
| Median Home Value | $454,238 |
| Average Home Value | $484,427 |
Housing Distribution
Address Breakdown
Residential
3,653
Single Family
3,612
Multi-Family
41
Businesses
175
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: BROOKE TEAM AT EXP REALTY • eXp Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24088510
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.