24 Brierwood DriveOrangeCT06477
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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
Rental property for sale in Orange at 24 Brierwood Drive, Orange, CT, 06477 priced at $1,475,000 pairs $5,556/mo rent with after a $7,219/mo payment. Total monthly income equals $5,556/mo. Return on cash invested is 9.16% in year one, and rental yield stands at 4.52% on a $1,475,000 basis. Equity gained on principal adds $9,518/yr, and 5% annual appreciation accumulates to $407,515 by year five. Five-year ROI measures 45.9% and total cumulative return in cash reaches $219,358. For financing, Ziffy Mortgage’s DSCR program evaluates $5,556/mo property income against a $7,219/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06477, Orange, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,541 (100%) |
| Owner Occupied HU | 4,693 (84.7%) |
| Renter Occupied HU | 668 (12.1%) |
| Vacant Housing Units | 180 ( 3.2%) |
| Median Home Value | $503,024 |
| Average Home Value | $549,410 |
Housing Distribution
Address Breakdown
Residential
5,479
Single Family
5,118
Multi-Family
361
Businesses
734
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Listed by: Jeffrey Poarch • Poarch Realty
Mls Name: Smart MLS
Mls ID: #24147005