62 Meadowbrook RoadSouthburyCT06488
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
Investment property for sale in Southbury at 62 Meadowbrook Road, Southbury, CT, 06488 at $380,000 posts ROI 30.27% with $1,088/mo cash flow from $3,670/mo rent. Total monthly income equals $3,670/mo, and annual cash flow records $13,056/yr on $125,970 to close. Return on cash invested measures 30.27% and rental yield reads 11.59% at the current $380,000. Equity gained on principal adds $2,452/yr, and 5% annual appreciation supports $104,987 by year five. Five-year ROI prints 159.19% and total cumulative return in cash totals $200,533.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,670/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1976
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06488, Southbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,384 (100%) |
| Owner Occupied HU | 7,566 (80.6%) |
| Renter Occupied HU | 1,168 (12.4%) |
| Vacant Housing Units | 650 ( 6.9%) |
| Median Home Value | $468,971 |
| Average Home Value | $493,137 |
Housing Distribution
Address Breakdown
Residential
8,760
Single Family
8,268
Multi-Family
492
Businesses
780
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Nearby investment properties with comparable prices
Listed by: Desiree Knowles Darby • Joseph Bette REALTORS Inc
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24102784
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.