2 Meadow CourtSimsburyCT06070
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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 Simsbury at 2 Meadow Court, Simsbury, CT, 06070 earns $242/mo cash flow from $2,280/mo rent with a $1,468/mo payment. Total monthly income totals $2,280/mo, and annual cash flow totals $2,906/yr on $99,417 capital. ROI tracks 22.83% on current figures, and rental yield reads 9.12% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 119.34% and total cumulative return in cash sums $118,648. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,280/mo property income instead of your personal income.
Single Family
Built in 1977
N/A 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
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Listed by: Christopher Olson • RE/MAX Connections
Mls Name: Smart MLS
Mls ID: #24147360