24 Byron Drive #24AvonCT06001
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
Investment property for sale in Avon at 24 Byron Drive #24, Avon, CT, 06001 earns from $2,506/mo rent with a $1,970/mo payment. Total monthly income totals $2,506/mo. ROI tracks 13.62% on current figures, and rental yield reads 7.47% at a $402,500 purchase. Equity gained on principal adds $2,597/yr, and 5% annual appreciation supports $111,203 over five years. Five-year ROI reaches 71.49% and total cumulative return in cash sums $95,385. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,506/mo property income instead of your personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
$470 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: George D. Herman • Farmington Woods
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24092200
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.