24 Deer Run, Somers, CT, 06071 | $2,418/mo Cash Flow

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24 Deer Run, Somers, CT, 06071 | $2,418/mo Cash Flow | Ziffy

Pending

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Somers at 24 Deer Run, Somers, CT, 06071 offers a 14.9% rental yield on a $430,000 purchase with $5,340/mo rent. Total monthly income registers $5,340/mo, and a $2,105/mo payment leaves $2,418/mo available for distribution. Annual cash flow reaches $29,016/yr on $142,545 to close, and return on cash invested stands at 40.26% in year one. Equity gained on principal adds $2,775/yr while 5% annual appreciation supports $118,801 over five years. Portfolio math shows five-year ROI at 212.79% and total cumulative return in cash at $303,315. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,340/mo property income against a $2,105/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1984

5.22 Acres lot

$N/A/sqft

No HOA

More details about the property

Town is Stafford but zip code is Somers. This 8 Room Ranch offers one floor living in a private country setting of 5.22 acres at the end of a cul de sac. Three bedrooms, 2 full and 1 half baths. Primary suite has attached full bath. First floor also has an office that could be used as fourth bedroom. Large living room, formal dining room plus a family room with a fieldstone fireplace. Attached oversized two car garage, PLUS a detached oversized garage with high ceilings and garage doors to accommodate oversized vehicles. Plenty of storage room with an overhead loft. Wood stove included. Ideal for a contractor, workshop, or car collector. Private well and septic. Detached garage has a patio. Firewood storage shed. Inground pool, but unknown operating condition. Bring your decorating ideas to truly make this home your own. Home is in Somers, but may show up in Stafford or Stafford Springs when searching records. This is an estate so no property condition disclosures and being sold "As-Is" Subject to probate approval. GPS may be inaccurate. GPS to 31 Galbraith Rd. in Somers, then go left on Deer Run. #24 is at end of cul de sac. Home is actually in Stafford. Zip code is for Somers.