500 Darling St APT 9DSouthingtonCT06489
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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 Southington at 500 Darling St APT 9D, Southington, CT, 06489 at $159,900 posts ROI 21.38% with $65/mo cash flow from $1,420/mo rent. Total monthly income equals $1,420/mo, and annual cash flow records $782/yr on $53,007 to close. Return on cash invested measures 21.38% and rental yield reads 10.66% at the current $159,900. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 by year five. Five-year ROI prints 113.82% and total cumulative return in cash totals $60,330.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,420/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1978
N/A lot
$N/A/sqft
$268 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06489, Southington, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,640 (100%) |
| Owner Occupied HU | 10,928 (80.1%) |
| Renter Occupied HU | 2,275 (16.7%) |
| Vacant Housing Units | 437 ( 3.2%) |
| Median Home Value | $418,374 |
| Average Home Value | $460,971 |
Housing Distribution
Address Breakdown
Residential
13,660
Single Family
13,124
Multi-Family
536
Businesses
1,015
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Listed by: Sherry L. Davenport • Putnam Agency Real Estate LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24078447
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.