16 Seymour Road #21CEast GranbyCT06026
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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 East Granby at 16 Seymour Road #21C, East Granby, CT, 06026 generates $1,503/mo in rent and, after a $1,027/mo payment, leaves $77/mo in cash flow. Total monthly income is $1,503/mo, and annual cash flow is $926/yr on $69,582 invested. Return on cash invested sits at 21.24% in year one, and rental yield is 8.59% on a $209,900 entry. Equity gained on principal adds $1,354/yr, while 5% annual appreciation builds toward $57,992 over five years. Five-year ROI reaches 110.83% and total cumulative return in cash sums $77,120. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,503/mo property income rather than buyer’s personal income.
Condo
Built in 1972
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06026, East Granby, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,140 (100%) |
| Owner Occupied HU | 1,726 (80.7%) |
| Renter Occupied HU | 323 (15.1%) |
| Vacant Housing Units | 91 ( 4.3%) |
| Median Home Value | $396,909 |
| Average Home Value | $450,839 |
Housing Distribution
Address Breakdown
Residential
2,092
Single Family
2,092
Multi-Family
0
Businesses
254
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Listed by: Joseph W. Aloisa • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24145141