460 B Heritage Village #BSouthburyCT06488
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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 460 B Heritage Village #B, Southbury, CT, 06488 earns from $2,100/mo rent with a $1,268/mo payment. Total monthly income totals $2,100/mo. ROI tracks 16.19% on current figures, and rental yield reads 9.73% at a $259,000 purchase. Equity gained on principal adds $1,671/yr, and 5% annual appreciation supports $71,557 over five years. Five-year ROI reaches 86.77% and total cumulative return in cash sums $74,500. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,100/mo property income instead of your personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
$606 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: Jay Streaman • RE/MAX Right Choice
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24099811
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.