50 Shanda LaneTollandCT06084
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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
Rental property for sale in Tolland at 50 Shanda Lane, Tolland, CT, 06084 priced at $580,000 pairs $5,198/mo rent with $1,257/mo cash flow after a $2,839/mo payment. Total monthly income equals $5,198/mo, and annual cash flow comes to $15,084/yr on $190,820 invested. Return on cash invested is 27.97% in year one, and rental yield stands at 10.75% on a $580,000 basis. Equity gained on principal adds $3,743/yr, and 5% annual appreciation accumulates to $160,243 by year five. Five-year ROI measures 146.8% and total cumulative return in cash reaches $280,125. For financing, Ziffy Mortgage’s DSCR program evaluates $5,198/mo property income against a $2,839/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06084, Tolland, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,647 (100%) |
| Owner Occupied HU | 4,924 (87.2%) |
| Renter Occupied HU | 506 ( 9.0%) |
| Vacant Housing Units | 217 ( 3.8%) |
| Median Home Value | $393,338 |
| Average Home Value | $451,802 |
Housing Distribution
Address Breakdown
Residential
5,527
Single Family
5,465
Multi-Family
62
Businesses
378
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Listed by: Kara A. Mazzola • First Choice Realty
Mls Name: Smart MLS
Mls ID: #24150104