2 Lionel DriveSimsburyCT06070
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash Flow2 Lionel Drive, Simsbury, CT, 06070 in Simsbury earns its strong cash-flow label: 10.04% yield, $4,098/mo rent, $769/mo net income, DSCR 1.86. The $489,900 acquisition cost produces immediate returns that put this property in the top tier for U.S. income assets accessible via Ziffy Mortgage's rental-income underwriting. Long-term, 5% annual appreciation adds $135,350 by year five. Combined with $4,512/yr in principal paydown, total projected return reaches $236,602.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 6.0% |
| Monthly Cash Flow | $769 | $400 |
City averages based on Simsbury market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,098 |
| Total Monthly Debt Service | $3,134 |
| DSCR Ratio | 1.31x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1968
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06070, Simsbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,392 (100%) |
| Owner Occupied HU | 4,957 (77.6%) |
| Renter Occupied HU | 1,182 (18.5%) |
| Vacant Housing Units | 253 ( 4.0%) |
| Median Home Value | $463,263 |
| Average Home Value | $503,236 |
Housing Distribution
Address Breakdown
Residential
6,279
Single Family
6,041
Multi-Family
238
Businesses
515
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1968
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06070, Simsbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,392 (100%) |
| Owner Occupied HU | 4,957 (77.6%) |
| Renter Occupied HU | 1,182 (18.5%) |
| Vacant Housing Units | 253 ( 4.0%) |
| Median Home Value | $463,263 |
| Average Home Value | $503,236 |
Housing Distribution
Address Breakdown
Residential
6,279
Single Family
6,041
Multi-Family
238
Businesses
515
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Matt R. Christie • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24150201