








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Coventry at 115 Old Tolland Tpke, Coventry, CT, 06238 priced at $474,900 pairs $2,700/mo rent with after a $2,324/mo payment. Total monthly income equals $2,700/mo. Return on cash invested is 15.9% in year one, and rental yield stands at 6.82% on a $474,900 basis. Equity gained on principal adds $3,064/yr, and 5% annual appreciation accumulates to $131,206 by year five. Five-year ROI measures 82.12% and total cumulative return in cash reaches $129,287. For financing, Ziffy Mortgage’s DSCR program evaluates $2,700/mo property income against a $2,324/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
1.08 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-05-12 | Listed for sale | $474,900 |
| 2014-12-05 | Sold | $300,000 |
| 2014-06-25 | Price change | $309,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-15 | $6811.00 | N/A | $214,600 | N/A |
| 2023-05-15 | $6811.00 | 1.88% | $214,600 | N/A |
| 2022-05-15 | $6685.00 | N/A | $214,600 | N/A |



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Listed by: James Knurek • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24094815
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