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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Somers at 94 Maple Ridge Dr, Somers, CT, 06071 uses $99,119 cash to close to unlock $7,475/yr annual cash flow and $623/mo monthly cash flow. Total monthly income runs $2,654/mo, and a $1,463/mo payment keeps the spread at $623/mo. Purchase price stands at $299,000, and rental yield measures 10.65% with $2,654/mo rent. Return on cash invested shows 27.45% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 144.08% and total cumulative return in cash records $142,810. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,654/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1957
9,583 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-04-24 | Listed for sale | $299,000 |
| 2023-01-13 | Sold | $226,000 |
| 2023-01-13 | Contingent | $224,401 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-29 | $3875.00 | 2.30% | $133,800 | N/A |
| 2023-04-29 | $3788.00 | 2.71% | $133,800 | N/A |
| 2022-04-29 | $3688.00 | 3.39% | $133,800 | N/A |
What's Special
None
Listed by: Michael J. Kusy • Evermark Property Group
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24090544
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