370a West Mountain RoadWest SimsburyCT06092
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 West Simsbury at 370a West Mountain Road, West Simsbury, CT, 06092 offers $2,921/mo rent that, after a $4,772/mo payment. Total monthly income is $2,921/mo. Return on cash invested measures 6.21% in year one, and rental yield stands at 3.6% at a $975,000 entry. Equity gained on principal adds $6,292/yr while 5% annual appreciation compounds into $269,375 by year five. Five-year ROI records 30.13% and total cumulative return in cash reaches $96,639. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,921/mo property income versus a $4,772/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06092, West Simsbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,457 (100%) |
| Owner Occupied HU | 1,304 (89.5%) |
| Renter Occupied HU | 107 ( 7.3%) |
| Vacant Housing Units | 46 ( 3.2%) |
| Median Home Value | $480,285 |
| Average Home Value | $528,514 |
Housing Distribution
Address Breakdown
Residential
1,402
Single Family
1,402
Multi-Family
0
Businesses
100
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Nearby investment properties with comparable prices
Listed by: Jenna Talbot • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24150419