75 Tracy DriveVernonCT06066
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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 Vernon at 75 Tracy Drive, Vernon, CT, 06066 uses $115,992 cash to close to unlock $8,786/yr annual cash flow and $732/mo monthly cash flow. Total monthly income runs $3,110/mo, and a $1,713/mo payment keeps the spread at $732/mo. Purchase price stands at $349,900, and rental yield measures 10.67% with $3,110/mo rent. Return on cash invested shows 27.48% in year one, and 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 144.29% and total cumulative return in cash records $167,370. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,110/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 1967
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06066, Vernon Rockville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,982 (100%) |
| Owner Occupied HU | 7,577 (50.6%) |
| Renter Occupied HU | 6,605 (44.1%) |
| Vacant Housing Units | 800 ( 5.3%) |
| Median Home Value | $262,383 |
| Average Home Value | $287,679 |
Housing Distribution
Address Breakdown
Residential
14,517
Single Family
13,602
Multi-Family
915
Businesses
966
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Listed by: Vincent L. Diana • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24148194