314 Great Pond 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
Rental property for sale in South Glastonbury at 314 Great Pond Road, South Glastonbury, CT, 06073 priced at $794,900 pairs $3,120/mo rent with after a $3,891/mo payment. Total monthly income equals $3,120/mo. Return on cash invested is 9.59% in year one, and rental yield stands at 4.71% on a $794,900 basis. Equity gained on principal adds $5,129/yr, and 5% annual appreciation accumulates to $219,616 by year five. Five-year ROI measures 48.28% and total cumulative return in cash reaches $126,266. For financing, Ziffy Mortgage’s DSCR program evaluates $3,120/mo property income against a $3,891/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1998
0.93 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
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Listed by: Jeff Bodeau • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24112748