73 Landing Circle #73SuffieldCT06078
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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 Suffield at 73 Landing Circle #73, Suffield, CT, 06078 offers a 11.47% rental yield on a $200,000 purchase with $1,912/mo rent. Total monthly income registers $1,912/mo, and a $979/mo payment leaves $326/mo available for distribution. Annual cash flow reaches $3,912/yr on $66,300 to close, and return on cash invested stands at 25.81% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 136.75% and total cumulative return in cash at $90,668. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,912/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1976
N/A lot
$N/A/sqft
$227 monthly 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
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Listed by: Kristie Steirer • Realty One Group Cutting Edge
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24104694
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.