60 Long River RoadShermanCT06784
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
Total monthly income runs $5,504/mo, and a $5,849/mo payment. Purchase price stands at $1,195,000, and rental yield measures 5.53% with $5,504/mo rent. Return on cash invested shows 12.26% in year one, and 5% annual appreciation builds toward $330,156 over five years. Five-year ROI reaches 62.56% and total cumulative return in cash records $242,222. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,504/mo property income covering a $5,849/mo payment rather than investor’s personal income.
Single Family
Built in 2026
1.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06784, Sherman, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,931 (100%) |
| Owner Occupied HU | 1,399 (72.4%) |
| Renter Occupied HU | 124 ( 6.4%) |
| Vacant Housing Units | 408 (21.1%) |
| Median Home Value | $657,151 |
| Average Home Value | $750,236 |
Housing Distribution
Address Breakdown
Residential
1,738
Single Family
1,738
Multi-Family
0
Businesses
96
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joe Chemero • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24112249