108 White StreetManchesterCT06042
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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 Manchester at 108 White Street, Manchester, CT, 06042 priced at $285,000 pairs $2,597/mo rent with $653/mo cash flow after a $1,395/mo payment. Total monthly income equals $2,597/mo, and annual cash flow comes to $7,835/yr on $94,478 invested. Return on cash invested is 28.2% in year one, and rental yield stands at 10.93% on a $285,000 basis. Equity gained on principal adds $1,839/yr, and 5% annual appreciation accumulates to $78,740 by year five. Five-year ROI measures 148.13% and total cumulative return in cash reaches $139,950. For financing, Ziffy Mortgage’s DSCR program evaluates $2,597/mo property income against a $1,395/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1950
10,018 sqft lot
$N/A/sqft
No HOA
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Listed by: Elaine Buchardt • Century 21 AllPoints Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24104557
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