1 Ridgebury RoadSimsburyCT06070
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
Investment Highlights
Total monthly income runs $2,280/mo, and a $6,730/mo payment. Purchase price stands at $1,375,000, and rental yield measures 1.99% with $2,280/mo rent. Return on cash invested shows 1.35% in year one, and 5% annual appreciation builds toward $379,887 over five years. Five-year ROI reaches 4.01% and total cumulative return in cash records $17,886. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,280/mo property income covering a $6,730/mo payment rather than investor’s personal income.
Single Family
Built in 2016
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06070, Simsbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,392 (100%) |
| Owner Occupied HU | 4,957 (77.6%) |
| Renter Occupied HU | 1,182 (18.5%) |
| Vacant Housing Units | 253 ( 4.0%) |
| Median Home Value | $463,263 |
| Average Home Value | $503,236 |
Housing Distribution
Address Breakdown
Residential
6,279
Single Family
6,041
Multi-Family
238
Businesses
515
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ellen Seifts • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24097774
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.