5 Garland Drive #5GlastonburyCT06033
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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 Glastonbury at 5 Garland Drive #5, Glastonbury, CT, 06033 at $299,999 posts ROI 19.63% with from $2,015/mo rent. Total monthly income equals $2,015/mo. Return on cash invested measures 19.63% and rental yield reads 8.06% at the current $299,999. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 by year five. Five-year ROI prints 102.14% and total cumulative return in cash totals $101,580. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,015/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1982
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06033, Glastonbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,474 (100%) |
| Owner Occupied HU | 9,378 (75.2%) |
| Renter Occupied HU | 2,564 (20.6%) |
| Vacant Housing Units | 532 ( 4.3%) |
| Median Home Value | $469,323 |
| Average Home Value | $514,305 |
Housing Distribution
Address Breakdown
Residential
12,266
Single Family
11,050
Multi-Family
1,216
Businesses
1,480
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Listed by: Jeyackumar Manickam • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24137982