138 Griffin RoadWest SuffieldCT06093
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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 West Suffield at 138 Griffin Road, West Suffield, CT, 06093 priced at $305,000 converts $3,119/mo rent into $1,047/mo cash flow after a $1,493/mo obligation. Total monthly income equals $3,119/mo, and annual cash flow totals $12,558/yr on $101,108 invested. Return on cash invested prints 32.33% in year one, and rental yield reads 12.27% against a $305,000 entry. Equity gained on principal adds $1,968/yr, while 5% annual appreciation compiles into $84,266 by year five. Five-year ROI reaches 170.25% and total cumulative return in cash sums $172,138. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,119/mo property income covering a $1,493/mo payment, not borrower’s personal income.
Single Family
Built in 1964
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06093, West Suffield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,416 (100%) |
| Owner Occupied HU | 1,219 (86.1%) |
| Renter Occupied HU | 117 ( 8.3%) |
| Vacant Housing Units | 80 ( 5.6%) |
| Median Home Value | $458,179 |
| Average Home Value | $515,788 |
Housing Distribution
Address Breakdown
Residential
1,376
Single Family
1,376
Multi-Family
0
Businesses
66
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Listed by: James M. Treanor • ERA Treanor Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24112620
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.