98 Quarry RdGranbyCT06035
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Granby at 98 Quarry Rd, Granby, CT, 06035 uses $59,637 cash to close to unlock $2,181/yr annual cash flow and $182/mo monthly cash flow. Total monthly income runs $1,502/mo, and a $881/mo payment keeps the spread at $182/mo. Purchase price stands at $179,900, and rental yield measures 10.02% with $1,502/mo rent. Return on cash invested shows 23.57% in year one, and 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 123.99% and total cumulative return in cash records $73,941. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,502/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1955
0.39 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gregory E. Heineman • Trend 2000 Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24079893
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.