218 Griffin RoadWest SuffieldCT06093
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 218 Griffin Road, West Suffield, CT, 06093 in West Suffield. At $359,000 it earns $2,906/mo in rent and distributes $467/mo to the owner after the $1,614/mo payment, a consistent 9.71% yield. DSCR 1.80 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $99,185 in value; $3,306/yr in principal paydown compounds ownership stake. Total projected return: $167,134.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.7% | 5.5% |
| Monthly Cash Flow | $467 | $250 |
City averages based on West Suffield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,906 |
| Total Monthly Debt Service | $2,296 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1950
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06093, West Suffield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,416 (100%) |
| Owner Occupied HU | 1,219 (86.1%) |
| Renter Occupied HU | 117 ( 8.3%) |
| Vacant Housing Units | 80 ( 5.6%) |
| Median Home Value | $458,179 |
| Average Home Value | $515,788 |
Housing Distribution
Address Breakdown
Residential
1,376
Single Family
1,376
Multi-Family
0
Businesses
66
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1950
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06093, West Suffield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,416 (100%) |
| Owner Occupied HU | 1,219 (86.1%) |
| Renter Occupied HU | 117 ( 8.3%) |
| Vacant Housing Units | 80 ( 5.6%) |
| Median Home Value | $458,179 |
| Average Home Value | $515,788 |
Housing Distribution
Address Breakdown
Residential
1,376
Single Family
1,376
Multi-Family
0
Businesses
66
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Smart MLS
Mls ID: #24164588