5 Bridgeworth LaneShermanCT06784
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Sherman at 5 Bridgeworth Lane, Sherman, CT, 06784 priced at $869,900 converts $7,800/mo rent into $1,889/mo cash flow after a $4,258/mo obligation. Total monthly income equals $7,800/mo, and annual cash flow totals $22,670/yr on $286,197 invested. Return on cash invested prints 27.98% in year one, and rental yield reads 10.76% against a $869,900 entry. Equity gained on principal adds $5,613/yr, while 5% annual appreciation compiles into $240,337 by year five. Five-year ROI reaches 146.91% and total cumulative return in cash sums $420,449. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,800/mo property income covering a $4,258/mo payment, not borrower’s personal income.
Single Family
Built in 1972
1.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06784, Sherman, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,931 (100%) |
| Owner Occupied HU | 1,399 (72.4%) |
| Renter Occupied HU | 124 ( 6.4%) |
| Vacant Housing Units | 408 (21.1%) |
| Median Home Value | $657,151 |
| Average Home Value | $750,236 |
Housing Distribution
Address Breakdown
Residential
1,738
Single Family
1,738
Multi-Family
0
Businesses
96
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Listed by: Cory Neumann • Houlihan Lawrence
Mls Name: Smart MLS
Mls ID: #24122542