188B West Stafford RoadStafford SpringsCT06076
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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 Stafford Springs at 188B West Stafford Road, Stafford Springs, CT, 06076 with 5% annual appreciation on a $340,000 basis while $2,306/mo rent supports operations. 87% in year one. Equity gained on principal adds $2,194/yr, and five-year appreciation sums $93,936 alongside rental yield of 8.14%. Five-year ROI measures 103.4% and total cumulative return in cash totals $116,538. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,306/mo property income versus a $1,664/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1998
2.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06076, Stafford Springs, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,574 (100%) |
| Owner Occupied HU | 3,900 (70.0%) |
| Renter Occupied HU | 1,223 (21.9%) |
| Vacant Housing Units | 451 ( 8.1%) |
| Median Home Value | $295,978 |
| Average Home Value | $378,008 |
Housing Distribution
Address Breakdown
Residential
5,361
Single Family
5,272
Multi-Family
89
Businesses
321
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Listed by: Tammy J. Arute • Arute Realty Group LLC
Mls Name: Smart MLS
Mls ID: #24134733