6 Clermont ParkFarmingtonCT06032
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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
Total monthly income runs $8,513/mo, and a $7,317/mo payment. Purchase price stands at $1,495,000, and rental yield measures 6.83% with $8,513/mo rent. Return on cash invested shows 16.3% in year one, and 5% annual appreciation builds toward $413,041 over five years. Five-year ROI reaches 84.18% and total cumulative return in cash records $407,761. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $8,513/mo property income covering a $7,317/mo payment rather than investor’s personal income.
Single Family
Built in 2000
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06032, Farmington, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,666 (100%) |
| Owner Occupied HU | 5,730 (66.1%) |
| Renter Occupied HU | 2,487 (28.7%) |
| Vacant Housing Units | 449 ( 5.2%) |
| Median Home Value | $506,652 |
| Average Home Value | $568,271 |
Housing Distribution
Address Breakdown
Residential
8,435
Single Family
7,027
Multi-Family
1,408
Businesses
1,040
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Listed by: Joanne Mahonski • Century 21 AllPoints Realty
Mls Name: Smart MLS
Mls ID: #24121511