88 West StreetSimsburyCT06070
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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 Simsbury at 88 West Street, Simsbury, CT, 06070 earns $750/mo cash flow from $3,552/mo rent with a $1,914/mo payment. Total monthly income totals $3,552/mo, and annual cash flow totals $9,001/yr on $129,617 capital. ROI tracks 26.85% on current figures, and rental yield reads 10.9% at a $391,000 purchase. Equity gained on principal adds $2,523/yr, and 5% annual appreciation supports $108,026 over five years. Five-year ROI reaches 141.39% and total cumulative return in cash sums $183,262. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,552/mo property income instead of your personal income.
Single Family
Built in 1915
6,534 sqft lot
$N/A/sqft
$145 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: Kathleen J. Shippee • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24097297
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.