499 South Grand StreetWest SuffieldCT06093
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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 West Suffield at 499 South Grand Street, West Suffield, CT, 06093 with 5% annual appreciation on a $525,000 basis while $4,400/mo rent supports operations. Total monthly income totals $4,400/mo and a $2,570/mo payment preserves $833/mo for cash returns. Annual cash flow comes to $9,990/yr on $172,725 deployed, and return on cash invested reaches 25.84% in year one. Equity gained on principal adds $3,388/yr, and five-year appreciation sums $145,048 alongside rental yield of 10.06%. Five-year ROI measures 135.44% and total cumulative return in cash totals $233,937.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,400/mo property income versus a $2,570/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1921
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06093, West Suffield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,416 (100%) |
| Owner Occupied HU | 1,219 (86.1%) |
| Renter Occupied HU | 117 ( 8.3%) |
| Vacant Housing Units | 80 ( 5.6%) |
| Median Home Value | $458,179 |
| Average Home Value | $515,788 |
Housing Distribution
Address Breakdown
Residential
1,376
Single Family
1,376
Multi-Family
0
Businesses
66
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Listed by: Geena B. Becker • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24101356
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.