3 Chelsea Ln UNIT 3East GranbyCT06026
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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
Investment property for sale in East Granby at 3 Chelsea Ln UNIT 3, East Granby, CT, 06026 with 5% annual appreciation on a $229,900 basis while $1,609/mo rent supports operations. 09% in year one. Equity gained on principal adds $1,484/yr, and five-year appreciation sums $63,517 alongside rental yield of 8.4%. Five-year ROI measures 69.88% and total cumulative return in cash totals $53,255. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,609/mo property income versus a $1,125/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1985
N/A lot
$N/A/sqft
$480 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06026, East Granby, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,140 (100%) |
| Owner Occupied HU | 1,726 (80.7%) |
| Renter Occupied HU | 323 (15.1%) |
| Vacant Housing Units | 91 ( 4.3%) |
| Median Home Value | $396,909 |
| Average Home Value | $450,839 |
Housing Distribution
Address Breakdown
Residential
2,092
Single Family
2,092
Multi-Family
0
Businesses
254
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Listed by: TEAM GABRIEL AT COLDWELL BANKER REALTY • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24078098
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.