48 Rainbow Trail, Vernon, CT, 06066 | $780/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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48 Rainbow Trail, Vernon, CT, 06066 | $780/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 Vernon at 48 Rainbow Trail, Vernon, CT, 06066 with 5% annual appreciation on a $399,900 basis while $3,497/mo rent supports operations. Total monthly income totals $3,497/mo and a $1,957/mo payment preserves $780/mo for cash returns. Annual cash flow comes to $9,362/yr on $132,567 deployed, and return on cash invested reaches 26.97% in year one. Equity gained on principal adds $2,580/yr, and five-year appreciation sums $110,485 alongside rental yield of 10.49%. Five-year ROI measures 141.53% and total cumulative return in cash totals $187,616.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,497/mo property income versus a $1,957/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1975

0.69 Acres lot

$N/A/sqft

No HOA

More details about the property

Everything You Could Ever Need in Sought-After Boulder Ridge! Welcome to this beautifully expanded Raised Ranch offering 2,400 sq. ft. of versatile living space, 4 bedrooms, and 3 full baths. This warm and inviting home features vaulted ceilings, rich wood accents, and a stunning floor-to-ceiling fieldstone fireplace with a pellet stove that creates a cozy focal point. Custom built-ins and abundant natural light enhance the home's charm and comfort.Many renovations and upgrades have been completed over time including a great room addition, a third car garage/workshop, and in 2013-2015 a remodeled kitchen, hardwood flooring, new roof and new furnace. The 700 sq. ft. finished lower level offers a second family room, 4th bedroom,office or craft room, full bath, and private patio, making it perfect for in-law,guest quarters or a place for the kids to play. Outdoors, enjoy an oversized deck offering a chance to see deer, turkey and fox. A beautifully landscaped yard is adorned with two blooming magnolia trees, lilacs, flowering azaleas, hydrangeas, and other perennials that bring color and life through every season.Additional features include a generator hookup (generator included), ensuring peace of mind year-round. A true gem-spacious, cared for and move-in ready! Expandable .69 acre lot.Don't miss your chance to call Boulder Ridge home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 06066, Vernon Rockville, CT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,982 (100%)
Owner Occupied HU	7,577 (50.6%)
Renter Occupied HU	6,605 (44.1%)
Vacant Housing Units	800 ( 5.3%)
Median Home Value	$262,383
Average Home Value	$287,679