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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Avon at 35 River View #35, Avon, CT, 06001 offers a 11.89% rental yield on a $387,500 purchase with $3,839/mo rent. Total monthly income registers $3,839/mo, and a $1,897/mo payment leaves $638/mo available for distribution. Annual cash flow reaches $7,653/yr on $128,456 to close, and return on cash invested stands at 25.87% in year one. Equity gained on principal adds $2,500/yr while 5% annual appreciation supports $107,059 over five years. Portfolio math shows five-year ROI at 137.49% and total cumulative return in cash at $176,619. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,839/mo property income against a $1,897/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1986
N/A lot
$N/A/sqft
$568 monthly HOA
Neighborhood data shown for ZIP Code: 06001, Avon, CT area.
| 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 |
Residential
7,864
Single Family
7,314
Multi-Family
550
Businesses
934
Date | Event | Price |
|---|---|---|
| 2025-08-13 | Pending sale | $359,000 |
| 2025-08-12 | Sold | $387,500 |
| 2025-06-24 | Contingent | $359,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
None
Listed by: Kelly Hibbert • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24105210
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.
