99 Overshot Drive #99South GlastonburyCT06073
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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 South Glastonbury at 99 Overshot Drive #99, South Glastonbury, CT, 06073 generates $4,141/mo in rent and, after a $2,567/mo payment, leaves $577/mo in cash flow. Total monthly income is $4,141/mo, and annual cash flow is $6,929/yr on $172,561 invested. Return on cash invested sits at 24.08% in year one, and rental yield is 9.47% on a $524,500 entry. Equity gained on principal adds $3,385/yr, while 5% annual appreciation builds toward $144,910 over five years. Five-year ROI reaches 125.96% and total cumulative return in cash sums $217,364. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,141/mo property income rather than buyer’s personal income.
Condo
Built in 2004
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06073, South Glastonbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,112 (100%) |
| Owner Occupied HU | 1,843 (87.3%) |
| Renter Occupied HU | 188 ( 8.9%) |
| Vacant Housing Units | 81 ( 3.8%) |
| Median Home Value | $568,878 |
| Average Home Value | $586,502 |
Housing Distribution
Address Breakdown
Residential
2,189
Single Family
2,189
Multi-Family
0
Businesses
125
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Listed by: Felix P. DuVerger • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24148397