4 Heritage Crest #ASouthburyCT06488
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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 Southbury at 4 Heritage Crest #A, Southbury, CT, 06488 uses $135,915 cash to close to unlock $5,940/yr annual cash flow and $495/mo monthly cash flow. Total monthly income runs $3,664/mo, and a $2,007/mo payment keeps the spread at $495/mo. Purchase price stands at $410,000, and rental yield measures 10.72% with $3,664/mo rent. Return on cash invested shows 24.28% in year one, and 5% annual appreciation builds toward $113,275 over five years. Five-year ROI reaches 128.29% and total cumulative return in cash records $174,359. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,664/mo property income covering a $2,007/mo payment rather than investor’s personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
$383 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06488, Southbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,384 (100%) |
| Owner Occupied HU | 7,566 (80.6%) |
| Renter Occupied HU | 1,168 (12.4%) |
| Vacant Housing Units | 650 ( 6.9%) |
| Median Home Value | $468,971 |
| Average Home Value | $493,137 |
Housing Distribution
Address Breakdown
Residential
8,760
Single Family
8,268
Multi-Family
492
Businesses
780
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Listed by: Patrick Johnston • Venture Real Estate, Inc.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24109465
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.