6 Violette RoadNewtownCT06470
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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 Newtown at 6 Violette Road, Newtown, CT, 06470 uses $46,079 cash to close to unlock $1,463/yr annual cash flow and $122/mo monthly cash flow. Total monthly income runs $1,066/mo, and a $680/mo payment keeps the spread at $122/mo. Purchase price stands at $139,000, and rental yield measures 9.2% with $1,066/mo rent. Return on cash invested shows 23.08% in year one, and 5% annual appreciation builds toward $38,403 over five years. Five-year ROI reaches 120.65% and total cumulative return in cash records $55,592. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,066/mo property income covering a $680/mo payment rather than investor’s personal income.
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06470, Newtown, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,335 (100%) |
| Owner Occupied HU | 5,158 (81.4%) |
| Renter Occupied HU | 829 (13.1%) |
| Vacant Housing Units | 348 ( 5.5%) |
| Median Home Value | $581,346 |
| Average Home Value | $622,156 |
Housing Distribution
Address Breakdown
Residential
6,300
Single Family
6,159
Multi-Family
141
Businesses
737
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Listed by: Patty Gillen McQuail • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24134381