236 Country LaneSouth GlastonburyCT06073
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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 South Glastonbury at 236 Country Lane, South Glastonbury, CT, 06073 offers $9,091/mo rent that, after a $6,396/mo payment, leaves $212/mo cash flow. Total monthly income is $9,091/mo, and annual cash flow is $2,544/yr on $423,411 cash. Return on cash invested measures 20.97% in year one, and rental yield stands at 8.35% at a $1,306,825 entry. Equity gained on principal adds $8,433/yr while 5% annual appreciation compounds into $361,052 by year five. Five-year ROI records 109.26% and total cumulative return in cash reaches $462,610. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $9,091/mo property income versus a $6,396/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
1.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06073, South Glastonbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,112 (100%) |
| Owner Occupied HU | 1,843 (87.3%) |
| Renter Occupied HU | 188 ( 8.9%) |
| Vacant Housing Units | 81 ( 3.8%) |
| Median Home Value | $568,878 |
| Average Home Value | $586,502 |
Housing Distribution
Address Breakdown
Residential
2,189
Single Family
2,189
Multi-Family
0
Businesses
125
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Listed by: Taheera Pinto • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24097403
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.