11 Oakhurst RoadSimsburyCT06070
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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 Simsbury at 11 Oakhurst Road, Simsbury, CT, 06070 priced at $489,000 pairs $4,763/mo rent with $1,441/mo cash flow after a $2,393/mo payment. Total monthly income equals $4,763/mo, and annual cash flow comes to $17,291/yr on $162,104 invested. Return on cash invested is 30.58% in year one, and rental yield stands at 11.69% on a $489,000 basis. Equity gained on principal adds $3,155/yr, and 5% annual appreciation accumulates to $135,102 by year five. Five-year ROI measures 160.83% and total cumulative return in cash reaches $260,710. For financing, Ziffy Mortgage’s DSCR program evaluates $4,763/mo property income against a $2,393/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1958
0.92 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
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Listed by: Gail Gene Mercey • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24119218