767 George Washington TurnpikeBurlingtonCT06013
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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 Burlington at 767 George Washington Turnpike, Burlington, CT, 06013 uses $130,943 cash to close to unlock $12,786/yr annual cash flow and $1,066/mo monthly cash flow. Total monthly income runs $3,749/mo, and a $1,933/mo payment keeps the spread at $1,066/mo. Purchase price stands at $395,000, and rental yield measures 11.39% with $3,749/mo rent. Return on cash invested shows 29.67% in year one, and 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 156.01% and total cumulative return in cash records $204,282. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,749/mo property income covering a $1,933/mo payment rather than investor’s personal income.
Single Family
Built in 1830
1.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06013, Burlington, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,742 (100%) |
| Owner Occupied HU | 3,383 (90.4%) |
| Renter Occupied HU | 211 ( 5.6%) |
| Vacant Housing Units | 148 ( 4.0%) |
| Median Home Value | $454,238 |
| Average Home Value | $484,427 |
Housing Distribution
Address Breakdown
Residential
3,653
Single Family
3,612
Multi-Family
41
Businesses
175
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Listed by: Gregory Frey • RE/MAX Prime Realty
Mls Name: Smart MLS
Mls ID: #24120861