84 Stevens LaneGlastonburyCT06033
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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 Glastonbury at 84 Stevens Lane, Glastonbury, CT, 06033 with 5% annual appreciation on a $357,000 basis while $2,431/mo rent supports operations. Total monthly income totals $2,431/mo and a $1,747/mo payment preserves $6/mo for cash returns. Annual cash flow comes to $68/yr on $118,346 deployed, and return on cash invested reaches 19.97% in year one. Equity gained on principal adds $2,304/yr, and five-year appreciation sums $98,633 alongside rental yield of 8.17%. Five-year ROI measures 103.95% and total cumulative return in cash totals $123,016.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,431/mo property income versus a $1,747/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1954
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06033, Glastonbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,474 (100%) |
| Owner Occupied HU | 9,378 (75.2%) |
| Renter Occupied HU | 2,564 (20.6%) |
| Vacant Housing Units | 532 ( 4.3%) |
| Median Home Value | $469,323 |
| Average Home Value | $514,305 |
Housing Distribution
Address Breakdown
Residential
12,266
Single Family
11,050
Multi-Family
1,216
Businesses
1,480
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Listed by: Stacy Anselmo • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24108869