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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Avon at 71 Byron Drive #71, Avon, CT, 06001 listed at $370,000 pairs $3,502/mo rent with a $1,811/mo payment to leave $558/mo cash flow. Total monthly income runs $3,502/mo, and annual cash flow reaches $6,696/yr on $122,655 cash to close. Return on cash invested measures 25.37% in year one, and rental yield registers 11.36% at a $370,000 basis. Equity gained on principal adds $2,388/yr, and annual property appreciation at 5% supports $102,224 by year five. Five-year ROI tracks 134.43% and total cumulative return in cash totals $164,885. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,502/mo property income relative to a $1,811/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1979
N/A lot
$N/A/sqft
$430 monthly HOA
Neighborhood data shown for ZIP Code: 06001, Avon, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,867 (100%) |
| Owner Occupied HU | 6,248 (79.4%) |
| Renter Occupied HU | 1,192 (15.2%) |
| Vacant Housing Units | 427 ( 5.4%) |
| Median Home Value | $541,074 |
| Average Home Value | $597,313 |
Residential
7,864
Single Family
7,314
Multi-Family
550
Businesses
934
Date | Event | Price |
|---|---|---|
| 2025-05-15 | Listing removed | $390,000 |
| 2025-05-01 | Listed for sale | $390,000 |
| 2023-08-28 | Sold | $370,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Pull Down Stairs
Listed by: Lori A. Macgowan • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #170586683
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.
