92 Shafer RoadNew HartfordCT06057
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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 New Hartford at 92 Shafer Road, New Hartford, CT, 06057 priced at $779,000 pairs $4,083/mo rent with after a $3,813/mo payment. Total monthly income equals $4,083/mo. Return on cash invested is 14.39% in year one, and rental yield stands at 6.29% on a $779,000 basis. Equity gained on principal adds $5,027/yr, and 5% annual appreciation accumulates to $215,223 by year five. Five-year ROI measures 74.03% and total cumulative return in cash reaches $189,734. For financing, Ziffy Mortgage’s DSCR program evaluates $4,083/mo property income against a $3,813/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1986
1.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06057, New Hartford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,904 (100%) |
| Owner Occupied HU | 2,295 (79.0%) |
| Renter Occupied HU | 327 (11.3%) |
| Vacant Housing Units | 282 ( 9.7%) |
| Median Home Value | $405,658 |
| Average Home Value | $434,193 |
Housing Distribution
Address Breakdown
Residential
2,534
Single Family
2,387
Multi-Family
147
Businesses
171
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Listed by: Derek Greene • Derek Greene
Mls Name: Smart MLS
Mls ID: #24134274