24 Carriage DrSouth WindsorCT06074
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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 Windsor at 24 Carriage Dr, South Windsor, CT, 06074 offers $4,632/mo rent that, after a $2,545/mo payment, leaves $1,037/mo cash flow. Total monthly income is $4,632/mo, and annual cash flow is $12,442/yr on $171,047 cash. Return on cash invested measures 27.33% in year one, and rental yield stands at 10.69% at a $519,900 entry. Equity gained on principal adds $3,355/yr while 5% annual appreciation compounds into $143,639 by year five. Five-year ROI records 143.58% and total cumulative return in cash reaches $245,596. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,632/mo property income versus a $2,545/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.71 Acres lot
$N/A/sqft
No HOA
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Listed by: Madhu Reddy • Reddy Realty, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24089395
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.