1 Abbott Road #180EllingtonCT06029
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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 #180, Ellington, CT, 06029 offers a 10.63% rental yield on a $214,900 purchase with $1,904/mo rent. Total monthly income registers $1,904/mo, and a $1,052/mo payment leaves $173/mo available for distribution. Annual cash flow reaches $2,072/yr on $71,239 to close, and return on cash invested stands at 22.82% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,373 over five years. Portfolio math shows five-year ROI at 120.92% and total cumulative return in cash at $86,142. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,904/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1985
N/A lot
$N/A/sqft
$271 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: Maurice R. Delage • Sentry Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24104261
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.