30 Julia Court #30Broad BrookCT06016
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 Broad Brook at 30 Julia Court #30, Broad Brook, CT, 06016 offers a 8.21% rental yield on a $252,900 purchase with $1,730/mo rent. Total monthly income registers $1,730/mo, and a $1,238/mo payment leaves $11/mo available for distribution. Annual cash flow reaches $138/yr on $83,836 to close, and return on cash invested stands at 20.07% in year one. Equity gained on principal adds $1,632/yr while 5% annual appreciation supports $69,872 over five years. Portfolio math shows five-year ROI at 104.54% and total cumulative return in cash at $87,644. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,730/mo property income against a $1,238/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06016, Broad Brook, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,990 (100%) |
| Owner Occupied HU | 1,989 (66.5%) |
| Renter Occupied HU | 824 (27.6%) |
| Vacant Housing Units | 177 ( 5.9%) |
| Median Home Value | $361,124 |
| Average Home Value | $373,009 |
Housing Distribution
Address Breakdown
Residential
2,771
Single Family
2,327
Multi-Family
444
Businesses
115
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Michelle H. Travali • Century 21 AllPoints Realty
Mls Name: Smart MLS
Mls ID: #24146098