221 River RoadFarmingtonCT06085
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
Investment Highlights
Investment property for sale in Farmington at 221 River Road, Farmington, CT, 06085 earns $974/mo cash flow from $4,500/mo rent with a $2,540/mo payment. Total monthly income totals $4,500/mo, and annual cash flow totals $11,687/yr on $170,751 capital. ROI tracks 26.9% on current figures, and rental yield reads 10.4% at a $519,000 purchase. Equity gained on principal adds $3,349/yr, and 5% annual appreciation supports $143,390 over five years. Five-year ROI reaches 141.12% and total cumulative return in cash sums $240,969. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,500/mo property income instead of your personal income.
Single Family
Built in 2019
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06085, Unionville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,034 (100%) |
| Owner Occupied HU | 2,351 (77.5%) |
| Renter Occupied HU | 554 (18.3%) |
| Vacant Housing Units | 129 ( 4.3%) |
| Median Home Value | $448,757 |
| Average Home Value | $480,271 |
Housing Distribution
Address Breakdown
Residential
3,029
Single Family
2,795
Multi-Family
234
Businesses
224
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Listed by: Lana Van Valkenburgh • Vision Real Estate
Mls Name: Smart MLS
Mls ID: #24122076