12 Colonial Drive #CRocky 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 12 Colonial Drive #C, Rocky Hill, CT, 06067 offers $1,065/mo rent that, after a $660/mo payment, leaves $149/mo cash flow. Total monthly income is $1,065/mo, and annual cash flow is $1,784/yr on $44,719 cash. Return on cash invested measures 23.9% in year one, and rental yield stands at 9.47% at a $134,900 entry. Equity gained on principal adds $870/yr while 5% annual appreciation compounds into $37,270 by year five. Five-year ROI records 125.06% and total cumulative return in cash reaches $55,925. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,065/mo property income versus a $660/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1962
N/A 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: Andrea Greene • Carl Guild & Associates
Mls Name: Smart MLS
Mls ID: #24110049