104 Bailey RoadRocky HillCT06067
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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
Rental property for sale in Rocky Hill at 104 Bailey Road, Rocky Hill, CT, 06067 priced at $467,000 pairs $3,481/mo rent with $308/mo cash flow after a $2,286/mo payment. Total monthly income equals $3,481/mo, and annual cash flow comes to $3,692/yr on $154,811 invested. Return on cash invested is 22.29% in year one, and rental yield stands at 8.94% on a $467,000 basis. Equity gained on principal adds $3,013/yr, and 5% annual appreciation accumulates to $129,023 by year five. Five-year ROI measures 116.43% and total cumulative return in cash reaches $180,243. For financing, Ziffy Mortgage’s DSCR program evaluates $3,481/mo property income against a $2,286/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1954
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06067, Rocky Hill, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,421 (100%) |
| Owner Occupied HU | 5,834 (61.9%) |
| Renter Occupied HU | 3,084 (32.7%) |
| Vacant Housing Units | 503 ( 5.3%) |
| Median Home Value | $387,198 |
| Average Home Value | $408,224 |
Housing Distribution
Address Breakdown
Residential
9,025
Single Family
7,342
Multi-Family
1,683
Businesses
1,012
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Listed by: Joanne T. Breen • ERA Hart Sargis-Breen
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24094433
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.