93 Furnace Avenue Apt. N13, Stafford Springs, CT, 06076 | $136/mo Cash Flow

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93 Furnace Avenue Apt. N13, Stafford Springs, CT, 06076 | $136/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Stafford Springs at 93 Furnace Avenue Apt. N13, Stafford Springs, CT, 06076 offers a 9.12% rental yield on a $169,900 purchase with $1,291/mo rent. Total monthly income registers $1,291/mo, and a $832/mo payment leaves $136/mo available for distribution. Annual cash flow reaches $1,634/yr on $56,322 to close, and return on cash invested stands at 22.81% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Portfolio math shows five-year ROI at 119.25% and total cumulative return in cash at $67,166. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,291/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1981

N/A lot

$N/A/sqft

No HOA

More details about the property

Beautifully updated 1-bedroom condo with serene water views of Glenville Pond. This move-in-ready unit offers new flooring, modern lighting, a refreshed kitchen with stainless steel appliances, and a stylish updated bath. Enjoy a private deck overlooking wooded scenery, energy-efficient mini-splits, and peaceful community grounds with pond access and walking paths. Convenient to downtown Stafford Springs and only 14 miles from UCONN.

Neighborhood Data

Neighborhood data shown for ZIP Code: 06076, Stafford Springs, CT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,574 (100%)
Owner Occupied HU	3,900 (70.0%)
Renter Occupied HU	1,223 (21.9%)
Vacant Housing Units	451 ( 8.1%)
Median Home Value	$295,978
Average Home Value	$378,008