239 Old Farms Road APT 13CAvonCT06001
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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 Avon at 239 Old Farms Road APT 13C, Avon, CT, 06001 earns $211/mo cash flow from $1,569/mo rent with a $978/mo payment. Total monthly income totals $1,569/mo, and annual cash flow totals $2,534/yr on $66,267 capital. ROI tracks 23.73% on current figures, and rental yield reads 9.42% at a $199,900 purchase. Equity gained on principal adds $1,290/yr, and 5% annual appreciation supports $55,229 over five years. Five-year ROI reaches 124.21% and total cumulative return in cash sums $82,309. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,569/mo property income instead of your personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06001, Avon, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,867 (100%) |
| Owner Occupied HU | 6,248 (79.4%) |
| Renter Occupied HU | 1,192 (15.2%) |
| Vacant Housing Units | 427 ( 5.4%) |
| Median Home Value | $541,074 |
| Average Home Value | $597,313 |
Housing Distribution
Address Breakdown
Residential
7,864
Single Family
7,314
Multi-Family
550
Businesses
934
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Listed by: Heidi Picard-Ramsay • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24117510