50 Cherry Brook RoadCantonCT06019
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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 Canton at 50 Cherry Brook Road, Canton, CT, 06019 with 5% annual appreciation on a $429,900 basis while $3,226/mo rent supports operations. Total monthly income totals $3,226/mo and a $2,104/mo payment preserves $305/mo for cash returns. Annual cash flow comes to $3,662/yr on $142,512 deployed, and return on cash invested reaches 22.48% in year one. Equity gained on principal adds $2,774/yr, and five-year appreciation sums $118,773 alongside rental yield of 9%. Five-year ROI measures 117.44% and total cumulative return in cash totals $167,371.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,226/mo property income versus a $2,104/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1945
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06019, Canton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,482 (100%) |
| Owner Occupied HU | 3,553 (79.3%) |
| Renter Occupied HU | 744 (16.6%) |
| Vacant Housing Units | 185 ( 4.1%) |
| Median Home Value | $485,481 |
| Average Home Value | $513,854 |
Housing Distribution
Address Breakdown
Residential
4,339
Single Family
4,110
Multi-Family
229
Businesses
402
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Listed by: Christine A. Hunter • Hunter Real Estate, LLC
Mls Name: Smart MLS
Mls ID: #24146623