41 Eden Avenue #4SouthingtonCT06489
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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
Rental property for sale in Southington at 41 Eden Avenue #4, Southington, CT, 06489 priced at $361,000 pairs $3,120/mo rent with $411/mo cash flow after a $1,767/mo payment. Total monthly income equals $3,120/mo, and annual cash flow comes to $4,933/yr on $119,672 invested. Return on cash invested is 24.03% in year one, and rental yield stands at 10.37% on a $361,000 basis. Equity gained on principal adds $2,329/yr, and 5% annual appreciation accumulates to $99,738 by year five. Five-year ROI measures 126.7% and total cumulative return in cash reaches $151,619. For financing, Ziffy Mortgage’s DSCR program evaluates $3,120/mo property income against a $1,767/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2019
N/A lot
$N/A/sqft
$256 monthly 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: Marina Tirado • Dave Jones Realty, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24092003
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.