5 Allison RoadVernonCT06066
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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 Vernon at 5 Allison Road, Vernon, CT, 06066 generates $2,820/mo in rent and, after a $1,640/mo payment, leaves $544/mo in cash flow. Total monthly income is $2,820/mo, and annual cash flow is $6,522/yr on $111,053 invested. Return on cash invested sits at 25.78% in year one, and rental yield is 10.1% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 135.15% and total cumulative return in cash sums $150,092. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,820/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
0.42 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
14,517
Single Family
13,602
Multi-Family
915
Businesses
966
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Listed by: Amy P. Rio • Executive Real Estate Inc.
Mls Name: Smart MLS
Mls ID: #24125909