62 Peach Tree LaneBerlinCT06037
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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 Berlin at 62 Peach Tree Lane, Berlin, CT, 06037 listed at $450,000 pairs $3,670/mo rent with a $2,203/mo payment to leave $612/mo cash flow. Total monthly income runs $3,670/mo, and annual cash flow reaches $7,344/yr on $149,175 cash to close. Return on cash invested measures 24.83% in year one, and rental yield registers 9.79% at a $450,000 basis. Equity gained on principal adds $2,904/yr, and annual property appreciation at 5% supports $124,327 by year five. Five-year ROI tracks 130.01% and total cumulative return in cash totals $193,950. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,670/mo property income relative to a $2,203/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06037, Berlin, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,137 (100%) |
| Owner Occupied HU | 6,479 (79.6%) |
| Renter Occupied HU | 1,322 (16.2%) |
| Vacant Housing Units | 336 ( 4.1%) |
| Median Home Value | $398,216 |
| Average Home Value | $434,446 |
Housing Distribution
Address Breakdown
Residential
7,978
Single Family
7,719
Multi-Family
259
Businesses
921
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Listed by: Cara P. Bernard • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24108149