2 Middle LaneSimsburyCT06070
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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 Middle Lane, Simsbury, CT, 06070 offers a 10.64% rental yield on a $325,000 purchase with $2,883/mo rent. Total monthly income registers $2,883/mo, and a $1,591/mo payment leaves $527/mo available for distribution. Annual cash flow reaches $6,318/yr on $107,738 to close, and return on cash invested stands at 25.77% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 135.69% and total cumulative return in cash at $146,185. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,883/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1914
4,791 sqft lot
$N/A/sqft
$148 monthly 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: White Door Team at Keller Williams Legacy Partners • KW Legacy Partners
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24097449
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.