89 Gilbert AvenueRocky HillCT06067
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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 Rocky Hill at 89 Gilbert Avenue, Rocky Hill, CT, 06067 offers a 10.14% rental yield on a $455,000 purchase with $3,845/mo rent. Total monthly income registers $3,845/mo, and a $2,227/mo payment leaves $754/mo available for distribution. Annual cash flow reaches $9,042/yr on $150,833 to close, and return on cash invested stands at 25.9% in year one. Equity gained on principal adds $2,936/yr while 5% annual appreciation supports $125,708 over five years. Portfolio math shows five-year ROI at 135.79% and total cumulative return in cash at $204,820. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,845/mo property income against a $2,227/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06067, Rocky Hill, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,421 (100%) |
| Owner Occupied HU | 5,834 (61.9%) |
| Renter Occupied HU | 3,084 (32.7%) |
| Vacant Housing Units | 503 ( 5.3%) |
| Median Home Value | $387,198 |
| Average Home Value | $408,224 |
Housing Distribution
Address Breakdown
Residential
9,025
Single Family
7,342
Multi-Family
1,683
Businesses
1,012
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Listed by: Patricia Moreggi • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24126717