Real Estate Investing in Suffield, Connecticut (06078)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 06078 (Suffield, CT)? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Suffield, CT (06078)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 06078 Suffield
Stepping back, ZIP 06078 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $498K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $498K asset, 06078 is the wrong submarket. If the plan prices in friction, the yield can still work.
The gap between 06078 and stronger Suffield ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Demographically, 06078 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
Experienced landlords with local relationships tend to find 06078 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Suffield:
Property Strategy for 06078
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $314,932 | $1,880 | 4.3% | +10.4% | $157,466 |
| 3BR | $458,038 | $2,250 | 3.5% | +9.2% | $152,679 |
| 4BR | $615,022 | $2,560 | 3.0% | +9.3% | $153,756 |
| 5BR | $705,588 | — | — | +9.4% | $141,118 |
Market Trends
Home Value History (with trend line)
📊 How Does 06078 Compare?
| Metric | 06078 | Suffield | Hartford-East Hartford-Middletown, CT | Connecticut |
|---|---|---|---|---|
| Home Value | $497,935 | $341,235 | N/A | $425,784 |
| 5-Year CAGR | 7.8% | 8.1% | N/A | 9.3% |
| Avg Rent | $1,692 | $1,652 | N/A | - |
| Cap Rate | 2.7% | 2.5% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 06078 (Suffield, CT). Anonymous, moderated, never written by AI.
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Property managers serving Hartford County
Manage rentals here? List your business →AMF Property Management Corporation provides property management services. summary from their website
Evolution Property Management is committed to client success. summary from their website
Metro Property Management LLC offers full-service property and facilities management for residential, commercial, and condo associations in Connecticut. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $497,935 |
| Monthly Rent | $1,692 |
| Price-to-Rent | 24.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.1% |
| Cap Rate | 2.7% |
| 5-Year IRR | 10.4% |
📈 Home Appreciation
| 1-Year | +7.6% ▲ |
| 3-Year CAGR | +7.3% ▲ |
| 5-Year CAGR | +7.8% ▲ |
| 10-Year CAGR | +6.2% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 06078
Population: 10,751
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 06078
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 766 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What kind of market is Suffield, CT for investors?
With a 3.0/5 investability score, Suffield, CT ranks as a solid market for rental property investors. Median prices of $498K and rents of $1,692/mo drive the underlying numbers.
How much do tenants pay in Suffield, CT?
Average rent in Suffield, CT is approximately $1,692/mo per month. Against $498K home values that yields a reasonable rent-to-price ratio.
What price range are homes in Suffield, CT?
Typical homes in Suffield, CT go for around $498K. The 5-year CAGR of 0.0% consistent price movement.
What are vacancy rates like in Suffield, CT?
Rental vacancy in Suffield, CT is elevated. Investors should budget normal turnover but not chronic empty units.
Is CT a landlord-friendly state?
For rental operators, Suffield, CT rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.
You know 06078 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 06078 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 06078 ranks in Hartford-East Hartford-Middletown, CT
Every ZIP in this metro, ranked. Free.
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