267 Foote RoadSouth GlastonburyCT06073
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 South Glastonbury at 267 Foote Road, South Glastonbury, CT, 06073 uses $167,790 cash to close to unlock $10,795/yr annual cash flow and $900/mo monthly cash flow. Total monthly income runs $4,379/mo, and a $2,496/mo payment keeps the spread at $900/mo. Purchase price stands at $510,000, and rental yield measures 10.3% with $4,379/mo rent. Return on cash invested shows 26.49% in year one, and 5% annual appreciation builds toward $140,904 over five years. Five-year ROI reaches 138.96% and total cumulative return in cash records $233,163. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,379/mo property income covering a $2,496/mo payment rather than investor’s personal income.
Single Family
Built in 1958
1.35 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Keri A. Watkins • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24091343
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.