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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Avon at 6 Lyme Pl #6, Avon, CT, 06001 listed at $399,900 pairs $2,650/mo rent with a $1,957/mo payment. Total monthly income runs $2,650/mo. Return on cash invested measures 14.95% in year one, and rental yield registers 7.95% at a $399,900 basis. Equity gained on principal adds $2,580/yr, and annual property appreciation at 5% supports $110,485 by year five. Five-year ROI tracks 78.65% and total cumulative return in cash totals $104,264. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,650/mo property income relative to a $1,957/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1997
N/A lot
$N/A/sqft
$481 monthly HOA
Neighborhood data shown for ZIP Code: 06001, Avon, CT area.
| 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 |
Residential
7,864
Single Family
7,314
Multi-Family
550
Businesses
934
Date | Event | Price |
|---|---|---|
| 2024-10-28 | Price change | $399,900 |
| 2024-10-11 | Listed for sale | $420,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Access Via Hatch
Listed by: Kris Barnett • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24043286
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.
