601 Brookside Court #601NewtownCT06470
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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 601 Brookside Court #601, Newtown, CT, 06470 offers a 8.87% rental yield on a $495,000 purchase with $3,658/mo rent. Total monthly income registers $3,658/mo, and a $2,423/mo payment leaves $295/mo available for distribution. Annual cash flow reaches $3,534/yr on $164,093 to close, and return on cash invested stands at 22.06% in year one. Equity gained on principal adds $3,194/yr while 5% annual appreciation supports $136,759 over five years. Portfolio math shows five-year ROI at 115.2% and total cumulative return in cash at $189,034. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,658/mo property income against a $2,423/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2018
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: Marvin Beninson • Keller Williams Realty
Mls Name: Smart MLS
Mls ID: #24116388