75 Simsbury Lndg UNIT 75SimsburyCT06070
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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 Simsbury at 75 Simsbury Lndg UNIT 75, Simsbury, CT, 06070 priced at $219,900 converts $1,873/mo rent into after a $1,076/mo obligation. Total monthly income equals $1,873/mo. Return on cash invested prints 19.48% in year one, and rental yield reads 10.22% against a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation compiles into $60,754 by year five. Five-year ROI reaches 103.83% and total cumulative return in cash sums $75,688. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,873/mo property income covering a $1,076/mo payment, not borrower’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
$405 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06070, Simsbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,392 (100%) |
| Owner Occupied HU | 4,957 (77.6%) |
| Renter Occupied HU | 1,182 (18.5%) |
| Vacant Housing Units | 253 ( 4.0%) |
| Median Home Value | $463,263 |
| Average Home Value | $503,236 |
Housing Distribution
Address Breakdown
Residential
6,279
Single Family
6,041
Multi-Family
238
Businesses
515
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Listed by: The Geena Becker Team • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24079145
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.