94 Harvest Hill RoadBerlinCT06037
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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
Total monthly income runs $3,052/mo, and a $2,530/mo payment. Purchase price stands at $517,000, and rental yield measures 7.08% with $3,052/mo rent. Return on cash invested shows 16.81% in year one, and 5% annual appreciation builds toward $142,838 over five years. Five-year ROI reaches 87% and total cumulative return in cash records $147,989. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,052/mo property income covering a $2,530/mo payment rather than investor’s personal income.
Single Family
Built in 1966
0.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06037, Berlin, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,137 (100%) |
| Owner Occupied HU | 6,479 (79.6%) |
| Renter Occupied HU | 1,322 (16.2%) |
| Vacant Housing Units | 336 ( 4.1%) |
| Median Home Value | $398,216 |
| Average Home Value | $434,446 |
Housing Distribution
Address Breakdown
Residential
7,978
Single Family
7,719
Multi-Family
259
Businesses
921
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Listed by: Ilka D. Torres • Torbello Real Estate Advisors
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24105271
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