1 Cheltenham Court #1SuffieldCT06078
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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 Suffield at 1 Cheltenham Court #1, Suffield, CT, 06078 with 5% annual appreciation on a $309,900 basis while $2,732/mo rent supports operations. Total monthly income totals $2,732/mo and a $1,517/mo payment preserves $401/mo for cash returns. Annual cash flow comes to $4,814/yr on $102,732 deployed, and return on cash invested reaches 24.6% in year one. Equity gained on principal adds $2,000/yr, and five-year appreciation sums $85,620 alongside rental yield of 10.58%. Five-year ROI measures 129.76% and total cumulative return in cash totals $133,308.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,732/mo property income versus a $1,517/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1987
N/A lot
$N/A/sqft
$225 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06078, Suffield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,486 (100%) |
| Owner Occupied HU | 3,468 (77.3%) |
| Renter Occupied HU | 802 (17.9%) |
| Vacant Housing Units | 216 ( 4.8%) |
| Median Home Value | $486,273 |
| Average Home Value | $536,331 |
Housing Distribution
Address Breakdown
Residential
4,348
Single Family
4,135
Multi-Family
213
Businesses
346
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Listed by: Kim Grant-Dodge • Get Real Today CT, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24103108
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.