76 Newgate RoadEast GranbyCT06026
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
Investment property for sale in East Granby at 76 Newgate Road, East Granby, CT, 06026 with 5% annual appreciation on a $499,900 basis while $4,200/mo rent supports operations. Total monthly income totals $4,200/mo and a $2,447/mo payment preserves $803/mo for cash returns. Annual cash flow comes to $9,638/yr on $165,717 deployed, and return on cash invested reaches 25.73% in year one. Equity gained on principal adds $3,226/yr, and five-year appreciation sums $138,113 alongside rental yield of 10.08%. Five-year ROI measures 134.85% and total cumulative return in cash totals $223,464.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,200/mo property income versus a $2,447/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1964
3.20 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy Sorensen • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24152176