22 Girard AvenueFarmingtonCT06032
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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
Investment Highlights
Investment property for sale in Farmington at 22 Girard Avenue, Farmington, CT, 06032 earns from $1,822/mo rent with a $1,321/mo payment. Total monthly income totals $1,822/mo. ROI tracks 19.75% on current figures, and rental yield reads 8.1% at a $269,900 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,568 over five years. Five-year ROI reaches 102.84% and total cumulative return in cash sums $92,010. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,822/mo property income instead of your personal income.
Single Family
Built in 1954
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06032, Farmington, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,666 (100%) |
| Owner Occupied HU | 5,730 (66.1%) |
| Renter Occupied HU | 2,487 (28.7%) |
| Vacant Housing Units | 449 ( 5.2%) |
| Median Home Value | $506,652 |
| Average Home Value | $568,271 |
Housing Distribution
Address Breakdown
Residential
8,435
Single Family
7,027
Multi-Family
1,408
Businesses
1,040
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Listed by: Ethan Maddalena • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24117504