4 Pond LaneEast 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 4 Pond Lane, East Granby, CT, 06026 uses $165,419 cash to close to unlock $9,371/yr annual cash flow and $781/mo monthly cash flow. Total monthly income runs $4,171/mo, and a $2,442/mo payment keeps the spread at $781/mo. Purchase price stands at $499,000, and rental yield measures 10.03% with $4,171/mo rent. Return on cash invested shows 25.57% in year one, and 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 134% and total cumulative return in cash records $221,658. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,171/mo property income covering a $2,442/mo payment rather than investor’s personal income.
Single Family
Built in 1996
0.71 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: Scott Holmes • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls ID: #24124390