68 Cook RoadTollandCT06084
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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 Tolland at 68 Cook Road, Tolland, CT, 06084 offers $2,160/mo rent that, after a $1,405/mo payment, leaves $210/mo cash flow. Total monthly income is $2,160/mo, and annual cash flow is $2,516/yr on $95,141 cash. Return on cash invested measures 22.55% in year one, and rental yield stands at 9.03% at a $287,000 entry. Equity gained on principal adds $1,852/yr while 5% annual appreciation compounds into $79,293 by year five. Five-year ROI records 117.84% and total cumulative return in cash reaches $112,114. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,160/mo property income versus a $1,405/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
1.52 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: Thomas Mele • Dorrance Realty
Mls Name: Smart MLS
Mls ID: #24137916