69 Sunrise Circle #69NewingtonCT06111
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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
Investment property for sale in Newington at 69 Sunrise Circle #69, Newington, CT, 06111 uses $92,818 cash to close to unlock $8,880/yr annual cash flow and $740/mo monthly cash flow. Total monthly income runs $2,642/mo, and a $1,370/mo payment keeps the spread at $740/mo. Purchase price stands at $279,995, and rental yield measures 11.32% with $2,642/mo rent. Return on cash invested shows 29.48% in year one, and 5% annual appreciation builds toward $77,357 over five years. Five-year ROI reaches 154.98% and total cumulative return in cash records $143,851. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,642/mo property income covering a $1,370/mo payment rather than investor’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06111, Newington, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,986 (100%) |
| Owner Occupied HU | 10,293 (73.6%) |
| Renter Occupied HU | 3,052 (21.8%) |
| Vacant Housing Units | 641 ( 4.6%) |
| Median Home Value | $343,623 |
| Average Home Value | $367,720 |
Housing Distribution
Address Breakdown
Residential
13,030
Single Family
11,761
Multi-Family
1,269
Businesses
1,059
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Listed by: William Glanville • Glanville Real Estate
Mls Name: Smart MLS
Mls ID: #24118113