3 Eastwood DrNorth GranbyCT06060
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
Rental property for sale in North Granby at 3 Eastwood Dr, North Granby, CT, 06060 offers $3,894/mo rent that, after a $2,496/mo payment, leaves $429/mo cash flow. Total monthly income is $3,894/mo, and annual cash flow is $5,150/yr on $167,757 cash. Return on cash invested measures 23.13% in year one, and rental yield stands at 9.16% at a $509,900 entry. Equity gained on principal adds $3,290/yr while 5% annual appreciation compounds into $140,876 by year five. Five-year ROI records 120.89% and total cumulative return in cash reaches $202,808. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,894/mo property income versus a $2,496/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06060, North Granby, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 935 (100%) |
| Owner Occupied HU | 874 (93.5%) |
| Renter Occupied HU | 40 ( 4.3%) |
| Vacant Housing Units | 21 ( 2.2%) |
| Median Home Value | $471,910 |
| Average Home Value | $505,564 |
Housing Distribution
Address Breakdown
Residential
873
Single Family
873
Multi-Family
0
Businesses
19
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Listed by: Daniel Merrigan • Merrigan & Lefebvre Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24091575
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.