50 Buckingham RoadAvonCT06001
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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 Avon at 50 Buckingham Road, Avon, CT, 06001 priced at $803,000 converts $5,338/mo rent into after a $3,930/mo obligation. Total monthly income equals $5,338/mo. Return on cash invested prints 19.09% in year one, and rental yield reads 7.98% against a $803,000 entry. Equity gained on principal adds $5,182/yr, while 5% annual appreciation compiles into $221,854 by year five. Five-year ROI reaches 99.4% and total cumulative return in cash sums $262,597. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,338/mo property income covering a $3,930/mo payment, not borrower’s personal income.
Single Family
Built in 2003
0.45 Acres lot
$N/A/sqft
$95 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06001, Avon, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,867 (100%) |
| Owner Occupied HU | 6,248 (79.4%) |
| Renter Occupied HU | 1,192 (15.2%) |
| Vacant Housing Units | 427 ( 5.4%) |
| Median Home Value | $541,074 |
| Average Home Value | $597,313 |
Housing Distribution
Address Breakdown
Residential
7,864
Single Family
7,314
Multi-Family
550
Businesses
934
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Listed by: Tommy Connors • Redfin Corporation
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24108848
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.