54 Josephine WayTollandCT06084
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 54 Josephine Way, Tolland, CT, 06084 priced at $114,900 pairs $2,393/mo rent with $1,613/mo cash flow after a $562/mo payment. Total monthly income equals $2,393/mo, and annual cash flow comes to $19,352/yr on $38,089 invested. Return on cash invested is 70.72% in year one, and rental yield stands at 24.99% on a $114,900 basis. Equity gained on principal adds $741/yr, and 5% annual appreciation accumulates to $31,745 by year five. Five-year ROI measures 376.11% and total cumulative return in cash reaches $143,258. For financing, Ziffy Mortgage’s DSCR program evaluates $2,393/mo property income against a $562/mo payment instead of your W2s, 1099s, or Tax returns.
Lot
Built in N/A
5.28 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: Dan Keune • Campbell-Keune Realty Inc
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24029389
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.