42 Bartram RoadSharonCT06069
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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 Sharon at 42 Bartram Road, Sharon, CT, 06069 generates $2,008/mo in rent, after a $1,463/mo payment. Total monthly income is $2,008/mo. Return on cash invested sits at 19.63% in year one, and rental yield is 8.06% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 102.12% and total cumulative return in cash sums $101,218. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,008/mo property income rather than buyer’s personal income.
Single Family
Built in 1971
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06069, Sharon, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,665 (100%) |
| Owner Occupied HU | 972 (58.4%) |
| Renter Occupied HU | 215 (12.9%) |
| Vacant Housing Units | 478 (28.7%) |
| Median Home Value | $681,111 |
| Average Home Value | $900,139 |
Housing Distribution
Address Breakdown
Residential
981
Single Family
981
Multi-Family
0
Businesses
163
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Listed by: Lenore Mallett • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls ID: #24077532