16 Seymour Road #2AEast 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 #2A, East Granby, CT, 06026 priced at $219,900 pairs $4,200/mo rent with $2,706/mo cash flow after a $1,076/mo payment. Total monthly income equals $4,200/mo, and annual cash flow comes to $32,474/yr on $72,897 invested. Return on cash invested is 64.46% in year one, and rental yield stands at 22.92% on a $219,900 basis. Equity gained on principal adds $1,419/yr, and 5% annual appreciation accumulates to $60,754 by year five. Five-year ROI measures 342.59% and total cumulative return in cash reaches $249,736. For financing, Ziffy Mortgage’s DSCR program evaluates $4,200/mo property income against a $1,076/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1988
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: Kate B. Gervais • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24119296