78 Rolling View 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 78 Rolling View Drive, Vernon, CT, 06066 uses $132,567 cash to close to unlock $12,050/yr annual cash flow and $1,004/mo monthly cash flow. Total monthly income runs $3,721/mo, and a $1,957/mo payment keeps the spread at $1,004/mo. Purchase price stands at $399,900, and rental yield measures 11.17% with $3,721/mo rent. Return on cash invested shows 29% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 152.41% and total cumulative return in cash records $202,040. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,721/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Single Family
Built in 1978
0.92 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: Brian Perrella • Perrella Realty
Mls Name: Smart MLS
Mls ID: #24120580