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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Simsbury at 9 Carriage Drive #9, Simsbury, CT, 06070 priced at $220,000 pairs $1,494/mo rent with after a $1,077/mo payment. Total monthly income equals $1,494/mo. Return on cash invested is 11.96% in year one, and rental yield stands at 8.15% on a $220,000 basis. Equity gained on principal adds $1,420/yr, and 5% annual appreciation accumulates to $60,782 by year five. Five-year ROI measures 63.86% and total cumulative return in cash reaches $46,571. For financing, Ziffy Mortgage’s DSCR program evaluates $1,494/mo property income against a $1,077/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1968
N/A lot
$N/A/sqft
$482 monthly HOA
Neighborhood data shown for ZIP Code: 06070, Simsbury, CT area.
| 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 |
Residential
6,279
Single Family
6,041
Multi-Family
238
Businesses
515
Date | Event | Price |
|---|---|---|
| 2025-06-27 | Listed for sale | $220,000 |
| 2015-05-29 | Sold | $115,000 |
| 2015-03-23 | Listed for sale | $119,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
None
Listed by: Amanda Cole • Carol Cole Real Estate, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24107404
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.
