120 Ashford Road #2EastfordCT06242
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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 Eastford at 120 Ashford Road #2, Eastford, CT, 06242 offers a 7.89% rental yield on a $309,000 purchase with $2,032/mo rent. 12% in year one. Equity gained on principal adds $1,994/yr while 5% annual appreciation supports $85,371 over five years. Portfolio math shows five-year ROI at 99.42% and total cumulative return in cash at $101,837. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,032/mo property income against a $1,512/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2015
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06242, Eastford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 620 (100%) |
| Owner Occupied HU | 438 (70.6%) |
| Renter Occupied HU | 92 (14.8%) |
| Vacant Housing Units | 90 (14.5%) |
| Median Home Value | $403,676 |
| Average Home Value | $422,078 |
Housing Distribution
Address Breakdown
Residential
440
Single Family
440
Multi-Family
0
Businesses
46
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Listed by: Valerie L. Macneil • Kazantzis Real Estate, LLC
Mls Name: Smart MLS
Mls ID: #24123593