131 Birdseye RoadFarmingtonCT06032
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Farmington at 131 Birdseye Road, Farmington, CT, 06032 at $434,000 posts ROI 29.7% with $1,173/mo cash flow from $4,122/mo rent. Total monthly income equals $4,122/mo, and annual cash flow records $14,081/yr on $143,871 to close. Return on cash invested measures 29.7% and rental yield reads 11.4% at the current $434,000. Equity gained on principal adds $2,801/yr, and 5% annual appreciation supports $119,906 by year five. Five-year ROI prints 156.13% and total cumulative return in cash totals $224,626.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,122/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1949
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06032, Farmington, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,666 (100%) |
| Owner Occupied HU | 5,730 (66.1%) |
| Renter Occupied HU | 2,487 (28.7%) |
| Vacant Housing Units | 449 ( 5.2%) |
| Median Home Value | $506,652 |
| Average Home Value | $568,271 |
Housing Distribution
Address Breakdown
Residential
8,435
Single Family
7,027
Multi-Family
1,408
Businesses
1,040
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Listed by: Eve M. Crampton • BHHS Realty Professionals
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24112763
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.