142 Stevens LaneGlastonburyCT06033
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 Glastonbury at 142 Stevens Lane, Glastonbury, CT, 06033 at $990,000 posts ROI 21.8% with $473/mo cash flow from $7,200/mo rent. Total monthly income equals $7,200/mo, and annual cash flow records $5,676/yr on $325,710 to close. Return on cash invested measures 21.8% and rental yield reads 8.73% at the current $990,000. Equity gained on principal adds $6,388/yr, and 5% annual appreciation supports $273,519 by year five. Five-year ROI prints 113.76% and total cumulative return in cash totals $370,520.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $7,200/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1976
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06033, Glastonbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,474 (100%) |
| Owner Occupied HU | 9,378 (75.2%) |
| Renter Occupied HU | 2,564 (20.6%) |
| Vacant Housing Units | 532 ( 4.3%) |
| Median Home Value | $469,323 |
| Average Home Value | $514,305 |
Housing Distribution
Address Breakdown
Residential
12,266
Single Family
11,050
Multi-Family
1,216
Businesses
1,480
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Listed by: Tracy S. Wagner • Rockoff Realty
Mls Name: Smart MLS
Mls ID: #24145855