20 Northwoods RoadNorth GranbyCT06060
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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 North Granby at 20 Northwoods Road, North Granby, CT, 06060 uses $155,772 cash to close to unlock $10,634/yr annual cash flow and $886/mo monthly cash flow. Total monthly income runs $4,079/mo, and a $2,300/mo payment keeps the spread at $886/mo. Purchase price stands at $469,900, and rental yield measures 10.42% with $4,079/mo rent. Return on cash invested shows 26.74% in year one, and 5% annual appreciation builds toward $129,825 over five years. Five-year ROI reaches 140.27% and total cumulative return in cash records $218,498. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,079/mo property income covering a $2,300/mo payment rather than investor’s personal income.
Single Family
Built in 1984
2.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06060, North Granby, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 935 (100%) |
| Owner Occupied HU | 874 (93.5%) |
| Renter Occupied HU | 40 ( 4.3%) |
| Vacant Housing Units | 21 ( 2.2%) |
| Median Home Value | $471,910 |
| Average Home Value | $505,564 |
Housing Distribution
Address Breakdown
Residential
873
Single Family
873
Multi-Family
0
Businesses
19
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Listed by: Patrick Briggs • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24115688