655 Talcottville Road APT 45VernonCT06066
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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 655 Talcottville Road APT 45, Vernon, CT, 06066 earns $143/mo cash flow from $924/mo rent with a $563/mo payment. Total monthly income totals $924/mo, and annual cash flow totals $1,710/yr on $38,123 capital. ROI tracks 24.39% on current figures, and rental yield reads 9.64% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 127.73% and total cumulative return in cash sums $48,693. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $924/mo property income instead of your personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
No 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: Chantal Lallier • Century 21 AllPoints Realty
Mls Name: Smart MLS
Mls ID: #24147563