51 Hendricks LaneSimsburyCT06070
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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 Simsbury at 51 Hendricks Lane, Simsbury, CT, 06070 offers a 3.92% rental yield on a $698,600 purchase with $2,280/mo rent. 18% in year one. Equity gained on principal adds $4,508/yr while 5% annual appreciation supports $193,010 over five years. Portfolio math shows five-year ROI at 35.37% and total cumulative return in cash at $81,284. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,280/mo property income against a $3,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2021
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06070, Simsbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,392 (100%) |
| Owner Occupied HU | 4,957 (77.6%) |
| Renter Occupied HU | 1,182 (18.5%) |
| Vacant Housing Units | 253 ( 4.0%) |
| Median Home Value | $463,263 |
| Average Home Value | $503,236 |
Housing Distribution
Address Breakdown
Residential
6,279
Single Family
6,041
Multi-Family
238
Businesses
515
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Listed by: George J. Santos • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24148158