9 Talcott Glen #KFarmingtonCT06032
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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 Farmington at 9 Talcott Glen #K, Farmington, CT, 06032 with 5% annual appreciation on a $289,000 basis while $2,037/mo rent supports operations. Total monthly income totals $2,037/mo and a $1,415/mo payment preserves $73/mo for cash returns. Annual cash flow comes to $875/yr on $95,804 deployed, and return on cash invested reaches 20.82% in year one. Equity gained on principal adds $1,865/yr, and five-year appreciation sums $79,845 alongside rental yield of 8.46%. Five-year ROI measures 108.52% and total cumulative return in cash totals $103,970.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,037/mo property income versus a $1,415/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06032, Farmington, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,666 (100%) |
| Owner Occupied HU | 5,730 (66.1%) |
| Renter Occupied HU | 2,487 (28.7%) |
| Vacant Housing Units | 449 ( 5.2%) |
| Median Home Value | $506,652 |
| Average Home Value | $568,271 |
Housing Distribution
Address Breakdown
Residential
8,435
Single Family
7,027
Multi-Family
1,408
Businesses
1,040
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Listed by: Kimberly F. Conrad • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24140200