25 Josephine WayTollandCT06084
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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 Tolland at 25 Josephine Way, Tolland, CT, 06084 priced at $114,900 converts $2,840/mo rent into $2,060/mo cash flow after a $562/mo obligation. Total monthly income equals $2,840/mo, and annual cash flow totals $24,716/yr on $38,089 invested. Return on cash invested prints 84.8% in year one, and rental yield reads 29.66% against a $114,900 entry. Equity gained on principal adds $741/yr, while 5% annual appreciation compiles into $31,745 by year five. Five-year ROI reaches 451.63% and total cumulative return in cash sums $172,022. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,840/mo property income covering a $562/mo payment, not borrower’s personal income.
Lot
Built in N/A
5.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06084, Tolland, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,647 (100%) |
| Owner Occupied HU | 4,924 (87.2%) |
| Renter Occupied HU | 506 ( 9.0%) |
| Vacant Housing Units | 217 ( 3.8%) |
| Median Home Value | $393,338 |
| Average Home Value | $451,802 |
Housing Distribution
Address Breakdown
Residential
5,527
Single Family
5,465
Multi-Family
62
Businesses
378
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Listed by: Dan Keune • Campbell-Keune Realty Inc
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24029387
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.