700 Thrall AvenueSuffieldCT06078
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Suffield at 700 Thrall Avenue, Suffield, CT, 06078 priced at $810,000 converts $5,202/mo rent into after a $3,965/mo obligation. Total monthly income equals $5,202/mo. Return on cash invested prints 18.7% in year one, and rental yield reads 7.71% against a $810,000 entry. Equity gained on principal adds $5,227/yr, while 5% annual appreciation compiles into $223,788 by year five. Five-year ROI reaches 97.12% and total cumulative return in cash sums $258,819. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,202/mo property income covering a $3,965/mo payment, not borrower’s personal income.
Single Family
Built in 2010
4.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06078, Suffield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,486 (100%) |
| Owner Occupied HU | 3,468 (77.3%) |
| Renter Occupied HU | 802 (17.9%) |
| Vacant Housing Units | 216 ( 4.8%) |
| Median Home Value | $486,273 |
| Average Home Value | $536,331 |
Housing Distribution
Address Breakdown
Residential
4,348
Single Family
4,135
Multi-Family
213
Businesses
346
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jen Daddario • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24103116
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.