153 Westledge RoadWest SimsburyCT06092
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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 Simsbury at 153 Westledge Road, West Simsbury, CT, 06092 generates $6,307/mo in rent and, after a $4,155/mo payment, leaves $539/mo in cash flow. Total monthly income is $6,307/mo, and annual cash flow is $6,467/yr on $279,321 invested. Return on cash invested sits at 22.38% in year one, and rental yield is 8.91% on a $849,000 entry. Equity gained on principal adds $5,478/yr, while 5% annual appreciation builds toward $234,563 over five years. Five-year ROI reaches 116.83% and total cumulative return in cash sums $326,324. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,307/mo property income rather than buyer’s personal income.
Single Family
Built in 1984
5.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06092, West Simsbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,457 (100%) |
| Owner Occupied HU | 1,304 (89.5%) |
| Renter Occupied HU | 107 ( 7.3%) |
| Vacant Housing Units | 46 ( 3.2%) |
| Median Home Value | $480,285 |
| Average Home Value | $528,514 |
Housing Distribution
Address Breakdown
Residential
1,402
Single Family
1,402
Multi-Family
0
Businesses
100
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Listed by: Nicholas Greene • eXp Realty
Mls Name: Smart MLS
Mls ID: #24122764