143 Pine Hill Road #17AThomastonCT06787
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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 Thomaston at 143 Pine Hill Road #17A, Thomaston, CT, 06787 offers a 9.19% rental yield on a $199,900 purchase with $1,531/mo rent. Total monthly income registers $1,531/mo, and a $978/mo payment leaves $173/mo available for distribution. Annual cash flow reaches $2,078/yr on $66,267 to close, and return on cash invested stands at 23.05% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 120.51% and total cumulative return in cash at $79,861. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,531/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06787, Thomaston, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,423 (100%) |
| Owner Occupied HU | 2,467 (72.1%) |
| Renter Occupied HU | 767 (22.4%) |
| Vacant Housing Units | 189 ( 5.5%) |
| Median Home Value | $294,097 |
| Average Home Value | $359,392 |
Housing Distribution
Address Breakdown
Residential
3,274
Single Family
3,192
Multi-Family
82
Businesses
361
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Listed by: Dawn Rousseau • Showcase Realty, Inc.
Mls Name: Smart MLS
Mls ID: #24152559