84 Browns Bridge RoadTollandCT06084
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 84 Browns Bridge Road, Tolland, CT, 06084 in Tolland worth modelling. At $349,900 with a 8.29% gross yield, the $2,417/mo rent leaves $40/mo after the $1,573/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.54 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $96,671 by year five; $3,223/yr in principal reduction adds further equity. Total projected return: $136,222.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.3% | 6.0% |
| Monthly Cash Flow | $40 | $400 |
City averages based on Tolland market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,417 |
| Total Monthly Debt Service | $2,238 |
| DSCR Ratio | 1.08x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1960
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06084, Tolland, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,647 (100%) |
| Owner Occupied HU | 4,924 (87.2%) |
| Renter Occupied HU | 506 ( 9.0%) |
| Vacant Housing Units | 217 ( 3.8%) |
| Median Home Value | $393,338 |
| Average Home Value | $451,802 |
Housing Distribution
Address Breakdown
Residential
5,527
Single Family
5,465
Multi-Family
62
Businesses
378
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
Single Family
Built in 1960
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06084, Tolland, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,647 (100%) |
| Owner Occupied HU | 4,924 (87.2%) |
| Renter Occupied HU | 506 ( 9.0%) |
| Vacant Housing Units | 217 ( 3.8%) |
| Median Home Value | $393,338 |
| Average Home Value | $451,802 |
Housing Distribution
Address Breakdown
Residential
5,527
Single Family
5,465
Multi-Family
62
Businesses
378
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carol M. Cavalieri • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24127604