39 Riverside DriveSouthingtonCT06489
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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 Southington at 39 Riverside Drive, Southington, CT, 06489 earns $33/mo cash flow from $1,460/mo rent with a $1,028/mo payment. Total monthly income totals $1,460/mo, and annual cash flow totals $396/yr on $69,615 capital. ROI tracks 20.48% on current figures, and rental yield reads 8.34% at a $210,000 purchase. Equity gained on principal adds $1,355/yr, and 5% annual appreciation supports $58,019 over five years. Five-year ROI reaches 106.67% and total cumulative return in cash sums $74,260. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,460/mo property income instead of your personal income.
Single Family
Built in 2014
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06489, Southington, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,640 (100%) |
| Owner Occupied HU | 10,928 (80.1%) |
| Renter Occupied HU | 2,275 (16.7%) |
| Vacant Housing Units | 437 ( 3.2%) |
| Median Home Value | $418,374 |
| Average Home Value | $460,971 |
Housing Distribution
Address Breakdown
Residential
13,660
Single Family
13,124
Multi-Family
536
Businesses
1,015
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Listed by: Craig McCabe • Century 21 AllPoints Realty
Mls Name: Smart MLS
Mls ID: #24149167