75 Burgess RoadMorrisCT06763
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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 Morris at 75 Burgess Road, Morris, CT, 06763 with 5% annual appreciation on a $819,750 basis while $9,605/mo rent supports operations. Total monthly income totals $9,605/mo and a $4,012/mo payment preserves $4,035/mo for cash returns. Annual cash flow comes to $48,426/yr on $269,698 deployed, and return on cash invested reaches 38.02% in year one. Equity gained on principal adds $5,290/yr, and five-year appreciation sums $226,482 alongside rental yield of 14.06%. Five-year ROI measures 200.71% and total cumulative return in cash totals $541,300.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $9,605/mo property income versus a $4,012/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2008
1.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06763, Morris, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,111 (100%) |
| Owner Occupied HU | 662 (59.6%) |
| Renter Occupied HU | 149 (13.4%) |
| Vacant Housing Units | 300 (27.0%) |
| Median Home Value | $434,821 |
| Average Home Value | $552,644 |
Housing Distribution
Address Breakdown
Residential
832
Single Family
813
Multi-Family
19
Businesses
89
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Listed by: Kim D'andrea • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24113140
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.