19 Ridge View TerraceNew HartfordCT06057
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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 New Hartford at 19 Ridge View Terrace, New Hartford, CT, 06057 with 5% annual appreciation on a $314,900 basis while $2,621/mo rent supports operations. Total monthly income totals $2,621/mo and a $1,541/mo payment preserves $422/mo for cash returns. Annual cash flow comes to $5,060/yr on $104,389 deployed, and return on cash invested reaches 24.76% in year one. Equity gained on principal adds $2,032/yr, and five-year appreciation sums $87,001 alongside rental yield of 9.99%. Five-year ROI measures 129.9% and total cumulative return in cash totals $135,598.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,621/mo property income versus a $1,541/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
6,969 sqft lot
$N/A/sqft
$60 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06057, New Hartford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,904 (100%) |
| Owner Occupied HU | 2,295 (79.0%) |
| Renter Occupied HU | 327 (11.3%) |
| Vacant Housing Units | 282 ( 9.7%) |
| Median Home Value | $405,658 |
| Average Home Value | $434,193 |
Housing Distribution
Address Breakdown
Residential
2,534
Single Family
2,387
Multi-Family
147
Businesses
171
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Listed by: Marc Dynak • Vision Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24118406
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.