521 Overlook RoadGlastonburyCT06033
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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 Glastonbury at 521 Overlook Road, Glastonbury, CT, 06033 offers $8,771/mo rent that, after a $4,581/mo payment, leaves $2,412/mo cash flow. Total monthly income is $8,771/mo, and annual cash flow is $28,939/yr on $307,944 cash. Return on cash invested measures 29.46% in year one, and rental yield stands at 11.24% at a $936,000 entry. Equity gained on principal adds $6,040/yr while 5% annual appreciation compounds into $258,600 by year five. Five-year ROI records 154.82% and total cumulative return in cash reaches $476,746. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $8,771/mo property income versus a $4,581/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1984
2.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06033, Glastonbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,474 (100%) |
| Owner Occupied HU | 9,378 (75.2%) |
| Renter Occupied HU | 2,564 (20.6%) |
| Vacant Housing Units | 532 ( 4.3%) |
| Median Home Value | $469,323 |
| Average Home Value | $514,305 |
Housing Distribution
Address Breakdown
Residential
12,266
Single Family
11,050
Multi-Family
1,216
Businesses
1,480
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Listed by: Schuyler Goines • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24066007