9 Saddle Ridge DriveWest SimsburyCT06092
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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 West Simsbury at 9 Saddle Ridge Drive, West Simsbury, CT, 06092 listed at $600,000 pairs $4,705/mo rent with a $2,937/mo payment to leave $568/mo cash flow. Total monthly income runs $4,705/mo, and annual cash flow reaches $6,816/yr on $197,400 cash to close. Return on cash invested measures 23.51% in year one, and rental yield registers 9.41% at a $600,000 basis. Equity gained on principal adds $3,872/yr, and annual property appreciation at 5% supports $165,769 by year five. Five-year ROI tracks 123.06% and total cumulative return in cash totals $242,928. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,705/mo property income relative to a $2,937/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
2.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06092, West Simsbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,457 (100%) |
| Owner Occupied HU | 1,304 (89.5%) |
| Renter Occupied HU | 107 ( 7.3%) |
| Vacant Housing Units | 46 ( 3.2%) |
| Median Home Value | $480,285 |
| Average Home Value | $528,514 |
Housing Distribution
Address Breakdown
Residential
1,402
Single Family
1,402
Multi-Family
0
Businesses
100
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Listed by: Ellen Seifts • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24117514
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.