300 Mountain Spring RoadFarmingtonCT06032
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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 Farmington at 300 Mountain Spring Road, Farmington, CT, 06032 listed at $1,332,000 pairs $7,393/mo rent with a $6,519/mo payment. Total monthly income runs $7,393/mo. Return on cash invested measures 15.76% in year one, and rental yield registers 6.66% at a $1,332,000 basis. Equity gained on principal adds $8,595/yr, and annual property appreciation at 5% supports $368,007 by year five. Five-year ROI tracks 81.33% and total cumulative return in cash totals $351,006. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $7,393/mo property income relative to a $6,519/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1987
2.89 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06032, Farmington, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,666 (100%) |
| Owner Occupied HU | 5,730 (66.1%) |
| Renter Occupied HU | 2,487 (28.7%) |
| Vacant Housing Units | 449 ( 5.2%) |
| Median Home Value | $506,652 |
| Average Home Value | $568,271 |
Housing Distribution
Address Breakdown
Residential
8,435
Single Family
7,027
Multi-Family
1,408
Businesses
1,040
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Listed by: Maryalice H. Widness • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24094049
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