105 Spring Lane #105SuffieldCT06078
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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 105 Spring Lane #105, Suffield, CT, 06078 listed at $189,900 pairs $1,511/mo rent with a $929/mo payment to leave $221/mo cash flow. Total monthly income runs $1,511/mo, and annual cash flow reaches $2,654/yr on $62,952 cash to close. Return on cash invested measures 24.13% in year one, and rental yield registers 9.55% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 126.31% and total cumulative return in cash totals $79,517. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,511/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1977
N/A lot
$N/A/sqft
No 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: Brittany Cox • Realty One Group Cutting Edge
Mls Name: Smart MLS
Mls ID: #24143310