917 North Grand StreetWest SuffieldCT06093
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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 West Suffield at 917 North Grand Street, West Suffield, CT, 06093 offers $5,704/mo rent that, after a $3,426/mo payment, leaves $948/mo cash flow. Total monthly income is $5,704/mo, and annual cash flow is $11,376/yr on $230,300 cash. Return on cash invested measures 25% in year one, and rental yield stands at 9.78% at a $700,000 entry. Equity gained on principal adds $4,517/yr while 5% annual appreciation compounds into $193,397 by year five. Five-year ROI records 130.9% and total cumulative return in cash reaches $301,456. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,704/mo property income versus a $3,426/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2020
2.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06093, West Suffield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,416 (100%) |
| Owner Occupied HU | 1,219 (86.1%) |
| Renter Occupied HU | 117 ( 8.3%) |
| Vacant Housing Units | 80 ( 5.6%) |
| Median Home Value | $458,179 |
| Average Home Value | $515,788 |
Housing Distribution
Address Breakdown
Residential
1,376
Single Family
1,376
Multi-Family
0
Businesses
66
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Listed by: Aimee Tompkins • PSQ Inc.dba Park Square Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24095364
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.