495 Springfield RoadSomersCT06071
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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 Somers at 495 Springfield Road, Somers, CT, 06071 listed at $560,000 pairs $4,115/mo rent with a $2,741/mo payment to leave $310/mo cash flow. Total monthly income runs $4,115/mo, and annual cash flow reaches $3,720/yr on $184,240 cash to close. Return on cash invested measures 22.08% in year one, and rental yield registers 8.82% at a $560,000 basis. Equity gained on principal adds $3,614/yr, and annual property appreciation at 5% supports $154,718 by year five. Five-year ROI tracks 115.24% and total cumulative return in cash totals $212,309. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,115/mo property income relative to a $2,741/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1785
6.09 Acres lot
$N/A/sqft
No HOA
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Listed by: Kristin Birkenshaw • Realty One Group Cutting Edge
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24114165
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