69 Belvedere (Lofton II) Drive, Tolland, CT, 06084 | 5.57% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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69 Belvedere (Lofton II) Drive, Tolland, CT, 06084 | 5.57% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Tolland at 69 Belvedere (Lofton II) Drive, Tolland, CT, 06084 offers $2,160/mo rent that, after a $2,276/mo payment. Total monthly income is $2,160/mo. Return on cash invested measures 12.13% in year one, and rental yield stands at 5.57% at a $465,000 entry. Equity gained on principal adds $3,001/yr while 5% annual appreciation compounds into $128,471 by year five. Five-year ROI records 61.93% and total cumulative return in cash reaches $95,459. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,160/mo property income versus a $2,276/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Condo

Built in 2025

N/A lot

$N/A/sqft

No HOA

More details about the property

To be Built! Reserve your unit today! Welcome to Somerset Woods, A Planned Unit Development (PUD)! Townhouse style unit, complete with city water, sewer, natural gas utilities! Open Floor plan with 9ft ceilings on main level which is complete with living room, dining room and kitchen with granite tops, center island, 2 car garage and additional basement storage, 2nd floor laundry. deck off dining room upstairs you will find a seriously large primary bedroom with huge walk-in closet, full bath with walk in shower. 2nd Bedroom is equally generous in size and is complete with a very nice sized closet. 2nd full bath with shower/tub combo. Central air included. Fireplace is Optional(depending on stage of construction). Snow removal and yard care included in very low HOA fee. Gorgeous setting in area of new homes. Not age restricted! See attached features list, community map and floor plan. This is a Planned Unit Development, NOT a Condo! Photos are of a similar unit and may depict upgrades.

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