9 Maple Lane #9AvonCT06001
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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
Rental property for sale in Avon at 9 Maple Lane #9, Avon, CT, 06001 priced at $327,500 pairs $2,506/mo rent with $281/mo cash flow after a $1,603/mo payment. Total monthly income equals $2,506/mo, and annual cash flow comes to $3,369/yr on $108,566 invested. Return on cash invested is 23.01% in year one, and rental yield stands at 9.18% on a $327,500 basis. Equity gained on principal adds $2,113/yr, and 5% annual appreciation accumulates to $90,482 by year five. Five-year ROI measures 120.27% and total cumulative return in cash reaches $130,578. For financing, Ziffy Mortgage’s DSCR program evaluates $2,506/mo property income against a $1,603/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06001, Avon, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,867 (100%) |
| Owner Occupied HU | 6,248 (79.4%) |
| Renter Occupied HU | 1,192 (15.2%) |
| Vacant Housing Units | 427 ( 5.4%) |
| Median Home Value | $541,074 |
| Average Home Value | $597,313 |
Housing Distribution
Address Breakdown
Residential
7,864
Single Family
7,314
Multi-Family
550
Businesses
934
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Listed by: George D. Herman • Farmington Woods
Mls Name: Smart MLS
Mls ID: #24146960