1 Five Gaits FarmWest SimsburyCT06092
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 1 Five Gaits Farm, West Simsbury, CT, 06092 in West Simsbury worth modelling. At $940,000 with a 8.51% gross yield, the $6,664/mo rent leaves $113/mo after the $4,227/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.58 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $259,705 by year five; $8,657/yr in principal reduction adds further equity. Total projected return: $366,931.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.5% | 5.0% |
| Monthly Cash Flow | $113 | $200 |
City averages based on West Simsbury market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $6,664 |
| Total Monthly Debt Service | $6,177 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1997
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06092, West Simsbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,457 (100%) |
| Owner Occupied HU | 1,304 (89.5%) |
| Renter Occupied HU | 107 ( 7.3%) |
| Vacant Housing Units | 46 ( 3.2%) |
| Median Home Value | $480,285 |
| Average Home Value | $528,514 |
Housing Distribution
Address Breakdown
Residential
1,402
Single Family
1,402
Multi-Family
0
Businesses
100
Nearby investment properties with comparable rents
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
Single Family
Built in 1997
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06092, West Simsbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,457 (100%) |
| Owner Occupied HU | 1,304 (89.5%) |
| Renter Occupied HU | 107 ( 7.3%) |
| Vacant Housing Units | 46 ( 3.2%) |
| Median Home Value | $480,285 |
| Average Home Value | $528,514 |
Housing Distribution
Address Breakdown
Residential
1,402
Single Family
1,402
Multi-Family
0
Businesses
100
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Katie French • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24081498
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.