7 Laurelwood Lane Lot 15VernonCT06066
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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
Rental property for sale in Vernon at 7 Laurelwood Lane Lot 15, Vernon, CT, 06066 priced at $785,000 pairs $4,334/mo rent with after a $3,842/mo payment. Total monthly income equals $4,334/mo. Return on cash invested is 15.42% in year one, and rental yield stands at 6.63% on a $785,000 basis. Equity gained on principal adds $5,065/yr, and 5% annual appreciation accumulates to $216,881 by year five. Five-year ROI measures 79.52% and total cumulative return in cash reaches $205,370. For financing, Ziffy Mortgage’s DSCR program evaluates $4,334/mo property income against a $3,842/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
1.25 Acres 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: Keri A. Watkins • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24132244