371 Lakeview DriveWest SuffieldCT06093
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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 West Suffield at 371 Lakeview Drive, West Suffield, CT, 06093 at $749,000 posts ROI 15.73% with from $4,200/mo rent. Total monthly income equals $4,200/mo. Return on cash invested measures 15.73% and rental yield reads 6.73% at the current $749,000. Equity gained on principal adds $4,833/yr, and 5% annual appreciation supports $206,935 by year five. Five-year ROI prints 81.2% and total cumulative return in cash totals $200,092. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,200/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1975
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06093, West Suffield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,416 (100%) |
| Owner Occupied HU | 1,219 (86.1%) |
| Renter Occupied HU | 117 ( 8.3%) |
| Vacant Housing Units | 80 ( 5.6%) |
| Median Home Value | $458,179 |
| Average Home Value | $515,788 |
Housing Distribution
Address Breakdown
Residential
1,376
Single Family
1,376
Multi-Family
0
Businesses
66
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Nearby investment properties with comparable prices
Listed by: Christine Ayotte • Chestnut Oak Associates
Mls Name: Smart MLS
Mls ID: #24124480