33 Langdon Court APT CL4BerlinCT06037
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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 Berlin at 33 Langdon Court APT CL4, Berlin, CT, 06037 listed at $259,900 pairs $2,084/mo rent with a $1,272/mo payment to leave $318/mo cash flow. Total monthly income runs $2,084/mo, and annual cash flow reaches $3,818/yr on $86,157 cash to close. Return on cash invested measures 24.34% in year one, and rental yield registers 9.62% at a $259,900 basis. Equity gained on principal adds $1,677/yr, and annual property appreciation at 5% supports $71,806 by year five. Five-year ROI tracks 127.44% and total cumulative return in cash totals $109,798. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,084/mo property income relative to a $1,272/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1992
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06037, Berlin, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,137 (100%) |
| Owner Occupied HU | 6,479 (79.6%) |
| Renter Occupied HU | 1,322 (16.2%) |
| Vacant Housing Units | 336 ( 4.1%) |
| Median Home Value | $398,216 |
| Average Home Value | $434,446 |
Housing Distribution
Address Breakdown
Residential
7,978
Single Family
7,719
Multi-Family
259
Businesses
921
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Listed by: Mark H. Mooney • Mooney Real Estate, LLC
Mls Name: Smart MLS
Mls ID: #24104887