63 Smokey Hill RoadBerlinCT06037
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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 63 Smokey Hill Road, Berlin, CT, 06037 earns $520/mo cash flow from $4,025/mo rent with a $2,525/mo payment. Total monthly income totals $4,025/mo, and annual cash flow totals $6,238/yr on $169,725 capital. ROI tracks 23.74% on current figures, and rental yield reads 9.36% at a $515,880 purchase. Equity gained on principal adds $3,329/yr, and 5% annual appreciation supports $142,528 over five years. Five-year ROI reaches 124.13% and total cumulative return in cash sums $210,685. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,025/mo property income instead of your personal income.
Single Family
Built in 1970
0.69 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: Chris B. Rose • ERA Hart Sargis-Breen
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24126421
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.