10 Summit Drive, Tolland, CT, 06084 | $841/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

10 Summit Drive, Tolland, CT, 06084 | $841/mo Cash Flow | Ziffy

Pending

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1793 sft

30 Chapman St, Hartford, CT, 06114

3 Bed
1 Bath
1037 sft

81 Governor St, East Hartford, CT, 06108

2 Bed
2 Bath
1700 sft

137 North Main Street, Marlborough, CT, 06447

3 Bed
2 Bath
1783 sft

3 Jeffrey Alan Drive, Manchester, CT, 06042

Nearby investment properties with comparable prices

2 Bed
3 Bath
1202 sft

122 Ivy Lane #122, South Windsor, CT, 06074

$ 345,900

ROI

Cash Flow/m

3 Bed
2 Bath
2125 sft

133 Helaine Road, Manchester, CT, 06042

2 Bed
2 Bath
1784 sft

476 Park Avenue, Bloomfield, CT, 06002

3 Bed
1 Bath
1008 sft

171 Hilton Drive, South Windsor, CT, 06074

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Tolland at 10 Summit Drive, Tolland, CT, 06084 listed at $345,900 pairs $3,191/mo rent with a $1,693/mo payment to leave $841/mo cash flow. Total monthly income runs $3,191/mo, and annual cash flow reaches $10,089/yr on $114,666 cash to close. Return on cash invested measures 28.71% in year one, and rental yield registers 11.07% at a $345,900 basis. Equity gained on principal adds $2,232/yr, and annual property appreciation at 5% supports $95,566 by year five. Five-year ROI tracks 150.82% and total cumulative return in cash totals $172,943. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,191/mo property income relative to a $1,693/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1962

0.74 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to Tolland! This mid-century modern gem is a charming 3 bedroom, 1 bath home filled with character and potential. Solidly built and lovingly maintained by the same owner since it was first constructed, this is the very first time the property has ever been on the market. Important updates provide comfort and peace of mind, including a newer furnace, oil tank, central air conditioning, generator hook up, and in 2024 a completely remodeled bathroom with a modern walk-in shower and new flooring, along with a brand new dishwasher. These improvements blend seamlessly with the home's solid bones, offering the perfect foundation to create your dream home. Set in a quiet and friendly neighborhood, yet just minutes from schools, grocery shopping, and local restaurants, this desirable single owner property combines location, classic character, and modern updates, a rare opportunity to invest in Tolland and make it truly your own.

Neighborhood Data

Neighborhood data shown for ZIP Code: 06084, Tolland, CT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,647 (100%)
Owner Occupied HU	4,924 (87.2%)
Renter Occupied HU	506 ( 9.0%)
Vacant Housing Units	217 ( 3.8%)
Median Home Value	$393,338
Average Home Value	$451,802