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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 60 New Rd, Avon, CT, 06001 uses $132,567 cash to close to unlock $10,790/yr annual cash flow and $899/mo monthly cash flow. Total monthly income runs $3,616/mo, and a $1,957/mo payment keeps the spread at $899/mo. Purchase price stands at $399,900, and rental yield measures 10.85% with $3,616/mo rent. Return on cash invested shows 28.05% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 147.31% and total cumulative return in cash records $195,284. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,616/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Single Family
Built in 1880
1.10 Acres lot
$N/A/sqft
No 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 |
|---|---|---|
| 2025-03-17 | Listed for sale | $399,900 |
| 2024-05-16 | Sold | $193,000 |
| 2014-10-01 | Listing removed | $249,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-20 | $6794.00 | 3.71% | $229,060 | 23.74% |
| 2023-03-20 | $6551.00 | 2.25% | $185,120 | N/A |
| 2022-03-20 | $6407.00 | 1.17% | $185,120 | N/A |
What's Special
None
Listed by: Kurt Burkamp • eRealty Advisors, Inc.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24078763
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.
