51 Westridge DriveAvonCT06001
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
Investment property for sale in Avon at 51 Westridge Drive, Avon, CT, 06001 at $309,749 posts ROI 28.97% with $775/mo cash flow from $2,880/mo rent. Total monthly income equals $2,880/mo, and annual cash flow records $9,306/yr on $102,682 to close. Return on cash invested measures 28.97% and rental yield reads 11.16% at the current $309,749. Equity gained on principal adds $1,999/yr, and 5% annual appreciation supports $85,578 by year five. Five-year ROI prints 152.25% and total cumulative return in cash totals $156,337.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,880/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
0.73 Acres lot
$N/A/sqft
No 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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Nearby investment properties with comparable prices
Listed by: Margo A. Ross • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24111108