21 Parson RdSomersCT06071
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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 Somers at 21 Parson Rd, Somers, CT, 06071 priced at $599,900 converts $2,710/mo rent into after a $2,936/mo obligation. Total monthly income equals $2,710/mo. Return on cash invested prints 11.76% in year one, and rental yield reads 5.42% against a $599,900 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation compiles into $165,741 by year five. Five-year ROI reaches 59.91% and total cumulative return in cash sums $118,240. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,710/mo property income covering a $2,936/mo payment, not borrower’s personal income.
Single Family
Built in 1972
0.99 Acres lot
$N/A/sqft
No HOA
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Listed by: David Leal • Keller Williams Realty Gr.Worc
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24084381
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