72 Johnson RoadFalls VillageCT06031
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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 Falls Village at 72 Johnson Road, Falls Village, CT, 06031 uses $120,998 cash to close to unlock $9,942/yr annual cash flow and $829/mo monthly cash flow. Total monthly income runs $3,308/mo, and a $1,786/mo payment keeps the spread at $829/mo. Purchase price stands at $365,000, and rental yield measures 10.88% with $3,308/mo rent. Return on cash invested shows 28.13% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 147.72% and total cumulative return in cash records $178,735. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,308/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Single Family
Built in 1972
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06031, Falls Village, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 841 (100%) |
| Owner Occupied HU | 504 (59.9%) |
| Renter Occupied HU | 128 (15.2%) |
| Vacant Housing Units | 209 (24.9%) |
| Median Home Value | $620,000 |
| Average Home Value | $805,565 |
Housing Distribution
Address Breakdown
Residential
519
Single Family
519
Multi-Family
0
Businesses
65
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Listed by: Mimi Harson • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls ID: #24147978