41 Stratton Forest WaySimsburyCT06070
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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 Simsbury at 41 Stratton Forest Way, Simsbury, CT, 06070 priced at $449,900 converts $3,508/mo rent into after a $2,202/mo obligation. Total monthly income equals $3,508/mo. Return on cash invested prints 19.32% in year one, and rental yield reads 9.36% against a $449,900 entry. Equity gained on principal adds $2,903/yr, while 5% annual appreciation compiles into $124,299 by year five. Five-year ROI reaches 102.01% and total cumulative return in cash sums $152,134. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,508/mo property income covering a $2,202/mo payment, not borrower’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
$468 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06070, Simsbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,392 (100%) |
| Owner Occupied HU | 4,957 (77.6%) |
| Renter Occupied HU | 1,182 (18.5%) |
| Vacant Housing Units | 253 ( 4.0%) |
| Median Home Value | $463,263 |
| Average Home Value | $503,236 |
Housing Distribution
Address Breakdown
Residential
6,279
Single Family
6,041
Multi-Family
238
Businesses
515
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Listed by: Tara B. Rahmy • Century 21 AllPoints Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24090860
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