7 Sherwood Court #7PortlandCT06480
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 Portland at 7 Sherwood Court #7, Portland, CT, 06480 at $299,000 posts ROI 14.06% with from $1,548/mo rent. Total monthly income equals $1,548/mo. Return on cash invested measures 14.06% and rental yield reads 6.21% at the current $299,000. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 by year five. Five-year ROI prints 72.25% and total cumulative return in cash totals $71,614. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,548/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 2000
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06480, Portland, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,354 (100%) |
| Owner Occupied HU | 3,139 (72.1%) |
| Renter Occupied HU | 785 (18.0%) |
| Vacant Housing Units | 430 ( 9.9%) |
| Median Home Value | $416,215 |
| Average Home Value | $496,894 |
Housing Distribution
Address Breakdown
Residential
3,933
Single Family
3,879
Multi-Family
54
Businesses
353
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Nearby investment properties with comparable prices
Listed by: Angela Aresco • Carl Guild & Associates
Mls Name: Smart MLS
Mls ID: #24147583