7 Danforth Ln #7Rocky HillCT06067
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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 Rocky Hill at 7 Danforth Ln #7, Rocky Hill, CT, 06067 with 5% annual appreciation on a $324,900 basis while $3,056/mo rent supports operations. Total monthly income totals $3,056/mo and a $1,590/mo payment preserves $509/mo for cash returns. Annual cash flow comes to $6,104/yr on $107,704 deployed, and return on cash invested reaches 25.58% in year one. Equity gained on principal adds $2,097/yr, and five-year appreciation sums $89,764 alongside rental yield of 11.29%. Five-year ROI measures 135.41% and total cumulative return in cash totals $145,841.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,056/mo property income versus a $1,590/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1976
N/A lot
$N/A/sqft
$340 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06067, Rocky Hill, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,421 (100%) |
| Owner Occupied HU | 5,834 (61.9%) |
| Renter Occupied HU | 3,084 (32.7%) |
| Vacant Housing Units | 503 ( 5.3%) |
| Median Home Value | $387,198 |
| Average Home Value | $408,224 |
Housing Distribution
Address Breakdown
Residential
9,025
Single Family
7,342
Multi-Family
1,683
Businesses
1,012
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Listed by: SHARMA TEAM AT EXECUTIVE REAL ESTATE • Executive Real Estate Inc.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24082672
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.