49 Hart Acre RoadSouthingtonCT06489
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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 49 Hart Acre Road, Southington, CT, 06489 priced at $450,000 pairs $3,426/mo rent with $368/mo cash flow after a $2,203/mo payment. Total monthly income equals $3,426/mo, and annual cash flow comes to $4,416/yr on $149,175 invested. Return on cash invested is 22.87% in year one, and rental yield stands at 9.14% on a $450,000 basis. Equity gained on principal adds $2,904/yr, and 5% annual appreciation accumulates to $124,327 by year five. Five-year ROI measures 119.49% and total cumulative return in cash reaches $178,254. For financing, Ziffy Mortgage’s DSCR program evaluates $3,426/mo property income against a $2,203/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1947
0.40 Acres lot
$N/A/sqft
No 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: Annie Dillon • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24092213
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.