126 Hopmeadow Street APT 3HSimsburyCT06089
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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 Simsbury at 126 Hopmeadow Street APT 3H, Simsbury, CT, 06089 earns $754/mo cash flow from $2,996/mo rent with a $1,615/mo payment. Total monthly income totals $2,996/mo, and annual cash flow totals $9,048/yr on $109,395 capital. ROI tracks 28.18% on current figures, and rental yield reads 10.89% at a $330,000 purchase. Equity gained on principal adds $2,129/yr, and 5% annual appreciation supports $91,173 over five years. Five-year ROI reaches 147.98% and total cumulative return in cash sums $161,879. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,996/mo property income instead of your personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06089, Weatogue, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,077 (100%) |
| Owner Occupied HU | 1,060 (51.0%) |
| Renter Occupied HU | 943 (45.4%) |
| Vacant Housing Units | 74 ( 3.6%) |
| Median Home Value | $454,777 |
| Average Home Value | $486,580 |
Housing Distribution
Address Breakdown
Residential
2,011
Single Family
1,746
Multi-Family
265
Businesses
122
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Listed by: Stephanie Liriano • Redfin Corporation
Mls Name: Smart MLS
Mls ID: #24151171