89 Goodrich RoadGlastonburyCT06033
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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
Rental property for sale in Glastonbury at 89 Goodrich Road, Glastonbury, CT, 06033 priced at $599,900 pairs $4,084/mo rent with $8/mo cash flow after a $2,936/mo payment. Total monthly income equals $4,084/mo, and annual cash flow comes to $98/yr on $197,367 invested. Return on cash invested is 20.11% in year one, and rental yield stands at 8.17% on a $599,900 basis. Equity gained on principal adds $3,871/yr, and 5% annual appreciation accumulates to $165,741 by year five. Five-year ROI measures 104.7% and total cumulative return in cash reaches $206,644. For financing, Ziffy Mortgage’s DSCR program evaluates $4,084/mo property income against a $2,936/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1957
0.58 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: Austin Apanovitch • New Door Realty
Mls Name: Smart MLS
Mls ID: #24135450