60 Old Town Road #207VernonCT06066
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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 Vernon at 60 Old Town Road #207, Vernon, CT, 06066 earns $610/mo cash flow from $2,617/mo rent with a $1,224/mo payment. Total monthly income totals $2,617/mo, and annual cash flow totals $7,320/yr on $82,875 capital. ROI tracks 28.74% on current figures, and rental yield reads 12.56% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 152.61% and total cumulative return in cash sums $126,478. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,617/mo property income instead of your personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$308 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06066, Vernon Rockville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,982 (100%) |
| Owner Occupied HU | 7,577 (50.6%) |
| Renter Occupied HU | 6,605 (44.1%) |
| Vacant Housing Units | 800 ( 5.3%) |
| Median Home Value | $262,383 |
| Average Home Value | $287,679 |
Housing Distribution
Address Breakdown
Residential
14,517
Single Family
13,602
Multi-Family
915
Businesses
966
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Listed by: Kathleen M. Sitek • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24094933
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.