








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Simsbury at 15 Billingsgate Drive #15, Simsbury, CT, 06070 offers a 5.72% rental yield on a $675,000 purchase with $3,218/mo rent. 58% in year one. Equity gained on principal adds $4,356/yr while 5% annual appreciation supports $186,490 over five years. Portfolio math shows five-year ROI at 44.35% and total cumulative return in cash at $98,487. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,218/mo property income against a $3,304/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2004
N/A lot
$N/A/sqft
$756 monthly HOA
Neighborhood data shown for ZIP Code: 06070, Simsbury, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,392 (100%) |
| Owner Occupied HU | 4,957 (77.6%) |
| Renter Occupied HU | 1,182 (18.5%) |
| Vacant Housing Units | 253 ( 4.0%) |
| Median Home Value | $463,263 |
| Average Home Value | $503,236 |
Residential
6,279
Single Family
6,041
Multi-Family
238
Businesses
515
Date | Event | Price |
|---|---|---|
| 2007-03-13 | Sold | $500,000 |
| 2005-07-07 | Sold | $520,121 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



What's Special
Access Via Hatch
Listed by: Carole Margolis • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24106024
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.