485 Mountain RoadSuffieldCT06078
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Suffield at 485 Mountain Road, Suffield, CT, 06078 priced at $779,900 converts $6,480/mo rent into $1,181/mo cash flow after a $3,817/mo obligation. Total monthly income equals $6,480/mo, and annual cash flow totals $14,174/yr on $256,587 invested. Return on cash invested prints 25.58% in year one, and rental yield reads 9.97% against a $779,900 entry. Equity gained on principal adds $5,033/yr, while 5% annual appreciation compiles into $215,472 by year five. Five-year ROI reaches 134.05% and total cumulative return in cash sums $343,965. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $6,480/mo property income covering a $3,817/mo payment, not borrower’s personal income.
Single Family
Built in 1895
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06078, Suffield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,486 (100%) |
| Owner Occupied HU | 3,468 (77.3%) |
| Renter Occupied HU | 802 (17.9%) |
| Vacant Housing Units | 216 ( 4.8%) |
| Median Home Value | $486,273 |
| Average Home Value | $536,331 |
Housing Distribution
Address Breakdown
Residential
4,348
Single Family
4,135
Multi-Family
213
Businesses
346
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Listed by: Sallie J. King • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24141236