7 Bonnieview DriveEast GranbyCT06026
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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 East Granby at 7 Bonnieview Drive, East Granby, CT, 06026 generates $2,019/mo in rent, after a $1,468/mo payment. Total monthly income is $2,019/mo. Return on cash invested sits at 19.68% in year one, and rental yield is 8.08% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 102.47% and total cumulative return in cash sums $101,872. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,019/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06026, East Granby, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,140 (100%) |
| Owner Occupied HU | 1,726 (80.7%) |
| Renter Occupied HU | 323 (15.1%) |
| Vacant Housing Units | 91 ( 4.3%) |
| Median Home Value | $396,909 |
| Average Home Value | $450,839 |
Housing Distribution
Address Breakdown
Residential
2,092
Single Family
2,092
Multi-Family
0
Businesses
254
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Listed by: Amy P. Rio • Executive Real Estate Inc.
Mls Name: Smart MLS
Mls ID: #24113242