1 Abbott Road #157EllingtonCT06029
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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 Ellington at 1 Abbott Road #157, Ellington, CT, 06029 listed at $205,000 pairs $2,047/mo rent with a $1,003/mo payment to leave $342/mo cash flow. Total monthly income runs $2,047/mo, and annual cash flow reaches $4,098/yr on $67,958 cash to close. Return on cash invested measures 25.94% in year one, and rental yield registers 11.98% at a $205,000 basis. Equity gained on principal adds $1,323/yr, and annual property appreciation at 5% supports $56,638 by year five. Five-year ROI tracks 138.02% and total cumulative return in cash totals $93,798. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,047/mo property income relative to a $1,003/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1984
N/A lot
$N/A/sqft
$313 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06029, Ellington, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,044 (100%) |
| Owner Occupied HU | 4,614 (65.5%) |
| Renter Occupied HU | 2,097 (29.8%) |
| Vacant Housing Units | 333 ( 4.7%) |
| Median Home Value | $390,193 |
| Average Home Value | $432,805 |
Housing Distribution
Address Breakdown
Residential
6,931
Single Family
6,839
Multi-Family
92
Businesses
306
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Listed by: Pam Moriarty • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24082104
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.