42 Carriage Drive, Avon, CT, 06001 | $1,589/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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42 Carriage Drive, Avon, CT, 06001 | $1,589/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Avon at 42 Carriage Drive, Avon, CT, 06001 uses $165,419 cash to close to unlock $19,067/yr annual cash flow and $1,589/mo monthly cash flow. Total monthly income runs $4,979/mo, and a $2,442/mo payment keeps the spread at $1,589/mo. Purchase price stands at $499,000, and rental yield measures 11.97% with $4,979/mo rent. Return on cash invested shows 31.44% in year one, and 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 165.44% and total cumulative return in cash records $273,666. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,979/mo property income covering a $2,442/mo payment rather than investor’s personal income.

Single Family

Built in 1961

1.14 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to 42 Carriage Drive in one of Avon's most sought after neighborhoods! This charming four bedroom two and half bath Cape with over an acre lot has hardwood flooring and comfortable living areas throughout.This is the perfect opportunity to personalize a true gem. Large eat in kitchen with built-ins and island makes for easy entertaining space. This home offers a spacious layout featuring a large great room,formal dinning, living room, a private study, bedroom with full bath all on the main level. Walk upstairs and enjoy 3 additional bedrooms with ample closet space with unfinished walk-in attic space. Enjoy serene outdoor living from the expansive front porch, perfect for morning coffee or relaxing evenings. The property is conveniently located near the Carriage Club, providing access to recreation just moments away.

Neighborhood Data

Neighborhood data shown for ZIP Code: 06001, Avon, CT area.

Housing Distribution

Housing Statistics

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