404 Cedar Hollow Drive #404Rocky HillCT06067
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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 Rocky Hill at 404 Cedar Hollow Drive #404, Rocky Hill, CT, 06067 listed at $265,000 pairs $3,007/mo rent with a $1,297/mo payment to leave $792/mo cash flow. Total monthly income runs $3,007/mo, and annual cash flow reaches $9,498/yr on $87,848 cash to close. Return on cash invested measures 30.72% in year one, and rental yield registers 13.62% at a $265,000 basis. Equity gained on principal adds $1,710/yr, and annual property appreciation at 5% supports $73,215 by year five. Five-year ROI tracks 163.69% and total cumulative return in cash totals $143,799. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,007/mo property income relative to a $1,297/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1974
N/A lot
$N/A/sqft
$415 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06067, Rocky Hill, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,421 (100%) |
| Owner Occupied HU | 5,834 (61.9%) |
| Renter Occupied HU | 3,084 (32.7%) |
| Vacant Housing Units | 503 ( 5.3%) |
| Median Home Value | $387,198 |
| Average Home Value | $408,224 |
Housing Distribution
Address Breakdown
Residential
9,025
Single Family
7,342
Multi-Family
1,683
Businesses
1,012
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Listed by: Allan L. Smith • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24095782
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.