231 Brooke Meadow RoadBerlinCT06037
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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 Berlin at 231 Brooke Meadow Road, Berlin, CT, 06037 offers a 10.2% rental yield on a $599,900 purchase with $5,098/mo rent. Total monthly income registers $5,098/mo, and a $2,936/mo payment leaves $1,022/mo available for distribution. Annual cash flow reaches $12,266/yr on $197,367 to close, and return on cash invested stands at 26.28% in year one. Equity gained on principal adds $3,871/yr while 5% annual appreciation supports $165,741 over five years. Portfolio math shows five-year ROI at 137.76% and total cumulative return in cash at $271,888. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,098/mo property income against a $2,936/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1977
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06037, Berlin, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,137 (100%) |
| Owner Occupied HU | 6,479 (79.6%) |
| Renter Occupied HU | 1,322 (16.2%) |
| Vacant Housing Units | 336 ( 4.1%) |
| Median Home Value | $398,216 |
| Average Home Value | $434,446 |
Housing Distribution
Address Breakdown
Residential
7,978
Single Family
7,719
Multi-Family
259
Businesses
921
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Listed by: James M. Treanor JR • ERA Treanor Real Estate
Mls Name: Smart MLS
Mls ID: #24123915