39 Ridge BoulevardEast GranbyCT06026
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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 East Granby at 39 Ridge Boulevard, East Granby, CT, 06026 listed at $478,900 pairs $3,858/mo rent with a $2,344/mo payment to leave $604/mo cash flow. Total monthly income runs $3,858/mo, and annual cash flow reaches $7,249/yr on $158,755 cash to close. Return on cash invested measures 24.48% in year one, and rental yield registers 9.67% at a $478,900 basis. Equity gained on principal adds $3,090/yr, and annual property appreciation at 5% supports $132,311 by year five. Five-year ROI tracks 128.14% and total cumulative return in cash totals $203,431. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,858/mo property income relative to a $2,344/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1995
0.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06026, East Granby, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,140 (100%) |
| Owner Occupied HU | 1,726 (80.7%) |
| Renter Occupied HU | 323 (15.1%) |
| Vacant Housing Units | 91 ( 4.3%) |
| Median Home Value | $396,909 |
| Average Home Value | $450,839 |
Housing Distribution
Address Breakdown
Residential
2,092
Single Family
2,092
Multi-Family
0
Businesses
254
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Listed by: Mahadeo Ajodhi • Vylla Home (CT) LLC
Mls Name: Smart MLS
Mls ID: #24147817