5 Evarts Ln #5MadisonCT06443
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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 Madison at 5 Evarts Ln #5, Madison, CT, 06443 with 5% annual appreciation on a $1,050,000 basis while $3,806/mo rent supports operations. 01% in year one. Equity gained on principal adds $6,775/yr, and five-year appreciation sums $290,096 alongside rental yield of 4.35%. Five-year ROI measures 34.98% and total cumulative return in cash totals $118,985. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,806/mo property income versus a $5,139/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2003
N/A lot
$N/A/sqft
$459 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06443, Madison, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,186 (100%) |
| Owner Occupied HU | 6,139 (75.0%) |
| Renter Occupied HU | 909 (11.1%) |
| Vacant Housing Units | 1,138 (13.9%) |
| Median Home Value | $595,158 |
| Average Home Value | $657,939 |
Housing Distribution
Address Breakdown
Residential
7,784
Single Family
7,546
Multi-Family
238
Businesses
808
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Listed by: Sheila Tinn Murphy • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24083217
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.