11 Royal MnrSomersCT06071
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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 Somers at 11 Royal Mnr, Somers, CT, 06071 uses $185,885 cash to close to unlock $15,666/yr annual cash flow and $1,306/mo monthly cash flow. Total monthly income runs $5,144/mo, and a $2,765/mo payment keeps the spread at $1,306/mo. Purchase price stands at $565,000, and rental yield measures 10.93% with $5,144/mo rent. Return on cash invested shows 28.49% in year one, and 5% annual appreciation builds toward $156,099 over five years. Five-year ROI reaches 149.62% and total cumulative return in cash records $278,115. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,144/mo property income covering a $2,765/mo payment rather than investor’s personal income.
Single Family
Built in 1989
1.04 Acres lot
$N/A/sqft
No HOA
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Listed by: Tommy Connors • Redfin Corporation
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24076666
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