154 Cascade RidgeSouthingtonCT06489
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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 Southington at 154 Cascade Ridge, Southington, CT, 06489 offers a 5.05% rental yield on a $1,050,000 purchase with $4,417/mo rent. 79% in year one. Equity gained on principal adds $6,775/yr while 5% annual appreciation supports $290,096 over five years. Portfolio math shows five-year ROI at 54.63% and total cumulative return in cash at $185,861. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,417/mo property income against a $5,139/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06489, Southington, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,640 (100%) |
| Owner Occupied HU | 10,928 (80.1%) |
| Renter Occupied HU | 2,275 (16.7%) |
| Vacant Housing Units | 437 ( 3.2%) |
| Median Home Value | $418,374 |
| Average Home Value | $460,971 |
Housing Distribution
Address Breakdown
Residential
13,660
Single Family
13,124
Multi-Family
536
Businesses
1,015
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Listed by: John A. Mastrianni Jr • Appletown Realty Inc.
Mls Name: Smart MLS
Mls ID: #24134737