37 Old Route 7 #3BrookfieldCT06804
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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
Rental property for sale in Brookfield at 37 Old Route 7 #3, Brookfield, CT, 06804 generates $3,300/mo in rent, after a $2,912/mo payment. Total monthly income is $3,300/mo. Return on cash invested sits at 14.04% in year one, and rental yield is 6.66% on a $594,900 entry. Equity gained on principal adds $3,839/yr, while 5% annual appreciation builds toward $164,360 over five years. Five-year ROI reaches 72.66% and total cumulative return in cash sums $142,207. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,300/mo property income rather than buyer’s personal income.
Condo
Built in 2022
N/A lot
$N/A/sqft
$240 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06804, Brookfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,330 (100%) |
| Owner Occupied HU | 5,756 (78.5%) |
| Renter Occupied HU | 1,208 (16.5%) |
| Vacant Housing Units | 366 ( 5.0%) |
| Median Home Value | $536,475 |
| Average Home Value | $612,414 |
Housing Distribution
Address Breakdown
Residential
7,313
Single Family
6,531
Multi-Family
782
Businesses
927
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Listed by: Gina F. Williams • Preston Gray Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24094508
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.