5 Staunton Court APT AFarmingtonCT06032
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
Investment property for sale in Farmington at 5 Staunton Court APT A, Farmington, CT, 06032 with 5% annual appreciation on a $279,900 basis while $1,943/mo rent supports operations. Total monthly income totals $1,943/mo and a $1,370/mo payment preserves $41/mo for cash returns. Annual cash flow comes to $494/yr on $92,787 deployed, and return on cash invested reaches 20.44% in year one. Equity gained on principal adds $1,806/yr, and five-year appreciation sums $77,331 alongside rental yield of 8.33%. Five-year ROI measures 106.53% and total cumulative return in cash totals $98,845.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,943/mo property income versus a $1,370/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1973
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06032, Farmington, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,666 (100%) |
| Owner Occupied HU | 5,730 (66.1%) |
| Renter Occupied HU | 2,487 (28.7%) |
| Vacant Housing Units | 449 ( 5.2%) |
| Median Home Value | $506,652 |
| Average Home Value | $568,271 |
Housing Distribution
Address Breakdown
Residential
8,435
Single Family
7,027
Multi-Family
1,408
Businesses
1,040
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Roni Wyss • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24133744