50 Loomis StNorth GranbyCT06060
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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 North Granby at 50 Loomis St, North Granby, CT, 06060 offers a 8.79% rental yield on a $680,000 purchase with $4,981/mo rent. Total monthly income registers $4,981/mo, and a $3,328/mo payment leaves $287/mo available for distribution. Annual cash flow reaches $3,448/yr on $223,720 to close, and return on cash invested stands at 21.6% in year one. Equity gained on principal adds $4,388/yr while 5% annual appreciation supports $187,871 over five years. Portfolio math shows five-year ROI at 112.84% and total cumulative return in cash at $252,444. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,981/mo property income against a $3,328/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1951
8.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06060, North Granby, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 935 (100%) |
| Owner Occupied HU | 874 (93.5%) |
| Renter Occupied HU | 40 ( 4.3%) |
| Vacant Housing Units | 21 ( 2.2%) |
| Median Home Value | $471,910 |
| Average Home Value | $505,564 |
Housing Distribution
Address Breakdown
Residential
873
Single Family
873
Multi-Family
0
Businesses
19
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Listed by: Kelly S. Ryan • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24094573
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.