73 Heritage Village #DSouthburyCT06488
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 Southbury at 73 Heritage Village #D, Southbury, CT, 06488 listed at $204,900 pairs $1,407/mo rent with a $1,003/mo payment to leave $15/mo cash flow. Total monthly income runs $1,407/mo, and annual cash flow reaches $176/yr on $67,924 cash to close. Return on cash invested measures 20.17% in year one, and rental yield registers 8.24% at a $204,900 basis. Equity gained on principal adds $1,322/yr, and annual property appreciation at 5% supports $56,610 by year five. Five-year ROI tracks 105.04% and total cumulative return in cash totals $71,350. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,407/mo property income relative to a $1,003/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1968
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06488, Southbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,384 (100%) |
| Owner Occupied HU | 7,566 (80.6%) |
| Renter Occupied HU | 1,168 (12.4%) |
| Vacant Housing Units | 650 ( 6.9%) |
| Median Home Value | $468,971 |
| Average Home Value | $493,137 |
Housing Distribution
Address Breakdown
Residential
8,760
Single Family
8,268
Multi-Family
492
Businesses
780
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marian Van Egas • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24135925