13 Robbins Lane APT BRocky 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
Investment property for sale in Rocky Hill at 13 Robbins Lane APT B, Rocky Hill, CT, 06067 uses $49,725 cash to close to unlock $1,344/yr annual cash flow and $112/mo monthly cash flow. Total monthly income runs $1,131/mo, and a $734/mo payment keeps the spread at $112/mo. Purchase price stands at $150,000, and rental yield measures 9.05% with $1,131/mo rent. Return on cash invested shows 22.61% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 118.14% and total cumulative return in cash records $58,746. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,131/mo property income covering a $734/mo payment rather than investor’s personal income.
Condo
Built in 1965
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: Amy P. Rio • Executive Real Estate Inc.
Mls Name: Smart MLS
Mls ID: #24145802