51 Schoolhouse Landing #51East GranbyCT06026
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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 East Granby at 51 Schoolhouse Landing #51, East Granby, CT, 06026 uses $132,269 cash to close to unlock $6,611/yr annual cash flow and $551/mo monthly cash flow. Total monthly income runs $3,352/mo, and a $1,953/mo payment keeps the spread at $551/mo. Purchase price stands at $399,000, and rental yield measures 10.08% with $3,352/mo rent. Return on cash invested shows 24.91% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 130.72% and total cumulative return in cash records $172,898. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,352/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Single Family
Built in 2008
N/A lot
$N/A/sqft
$90 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06026, East Granby, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,140 (100%) |
| Owner Occupied HU | 1,726 (80.7%) |
| Renter Occupied HU | 323 (15.1%) |
| Vacant Housing Units | 91 ( 4.3%) |
| Median Home Value | $396,909 |
| Average Home Value | $450,839 |
Housing Distribution
Address Breakdown
Residential
2,092
Single Family
2,092
Multi-Family
0
Businesses
254
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Listed by: Debbie Lupo • The Agency
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24106929
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.