21 Carillon Drive #ARocky HillCT06067
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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
Rental property for sale in Rocky Hill at 21 Carillon Drive #A, Rocky Hill, CT, 06067 priced at $209,900 converts $1,455/mo rent into $29/mo cash flow after a $1,027/mo obligation. Total monthly income equals $1,455/mo, and annual cash flow totals $350/yr on $69,582 invested. Return on cash invested prints 20.41% in year one, and rental yield reads 8.32% against a $209,900 entry. Equity gained on principal adds $1,354/yr, while 5% annual appreciation compiles into $57,992 by year five. Five-year ROI reaches 106.4% and total cumulative return in cash sums $74,036. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,455/mo property income covering a $1,027/mo payment, not borrower’s personal income.
Condo
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06067, Rocky Hill, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,421 (100%) |
| Owner Occupied HU | 5,834 (61.9%) |
| Renter Occupied HU | 3,084 (32.7%) |
| Vacant Housing Units | 503 ( 5.3%) |
| Median Home Value | $387,198 |
| Average Home Value | $408,224 |
Housing Distribution
Address Breakdown
Residential
9,025
Single Family
7,342
Multi-Family
1,683
Businesses
1,012
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Listed by: Tamara E. Varney • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24148312