218 Griffin RoadWest SuffieldCT06093
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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 West Suffield at 218 Griffin Road, West Suffield, CT, 06093 offers $4,200/mo rent that, after a $978/mo payment, leaves $2,842/mo cash flow. Total monthly income is $4,200/mo, and annual cash flow is $34,106/yr on $66,267 cash. Return on cash invested measures 71.38% in year one, and rental yield stands at 25.21% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 379.7% and total cumulative return in cash reaches $251,617. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,200/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
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
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Listed by: Derek J. Savoy • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24134273