32 Long River RoadShermanCT06784
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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 Sherman at 32 Long River Road, Sherman, CT, 06784 with 5% annual appreciation on a $1,295,000 basis while $4,781/mo rent supports operations. 88% in year one. Equity gained on principal adds $8,356/yr, and five-year appreciation sums $357,785 alongside rental yield of 4.43%. Five-year ROI measures 44.41% and total cumulative return in cash totals $186,354. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,781/mo property income versus a $6,338/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2023
1.85 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06784, Sherman, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,931 (100%) |
| Owner Occupied HU | 1,399 (72.4%) |
| Renter Occupied HU | 124 ( 6.4%) |
| Vacant Housing Units | 408 (21.1%) |
| Median Home Value | $657,151 |
| Average Home Value | $750,236 |
Housing Distribution
Address Breakdown
Residential
1,738
Single Family
1,738
Multi-Family
0
Businesses
96
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Listed by: Joe Chemero • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24148218