141 Farmington Chase Crescent #141FarmingtonCT06032
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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 Farmington at 141 Farmington Chase Crescent #141, Farmington, CT, 06032 earns $740/mo cash flow from $2,981/mo rent with a $1,614/mo payment. Total monthly income totals $2,981/mo, and annual cash flow totals $8,885/yr on $109,325 capital. ROI tracks 28.04% on current figures, and rental yield reads 10.85% at a $329,788 purchase. Equity gained on principal adds $2,128/yr, and 5% annual appreciation supports $91,114 over five years. Five-year ROI reaches 147.23% and total cumulative return in cash sums $160,960. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,981/mo property income instead of your personal income.
Condo
Built in 1974
N/A 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: Sandy Kerr • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24142482