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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Middletown at 116 Front Street, Middletown, CT, 06457 priced at $395,000 pairs $2,557/mo rent with after a $1,933/mo payment. Total monthly income equals $2,557/mo. Return on cash invested is 18.72% in year one, and rental yield stands at 7.77% on a $395,000 basis. Equity gained on principal adds $2,549/yr, and 5% annual appreciation accumulates to $109,131 by year five. Five-year ROI measures 97.28% and total cumulative return in cash reaches $127,386. For financing, Ziffy Mortgage’s DSCR program evaluates $2,557/mo property income against a $1,933/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1900
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06457, Middletown, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,098 (100%) |
| Owner Occupied HU | 11,117 (50.3%) |
| Renter Occupied HU | 9,428 (42.7%) |
| Vacant Housing Units | 1,553 ( 7.0%) |
| Median Home Value | $343,608 |
| Average Home Value | $392,667 |
Residential
20,793
Single Family
17,574
Multi-Family
3,219
Businesses
1,530
Date | Event | Price |
|---|---|---|
| 2025-07-21 | Sold | $395,000 |
| 2025-06-01 | Pending sale | $399,900 |
| 2025-05-02 | Listed for sale | $399,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-12 | $7070.00 | 5.35% | $199,660 | N/A |
| 2023-10-12 | $6711.00 | 18.28% | $199,660 | 45.18% |
| 2022-10-12 | $5674.00 | 0.44% | $137,530 | N/A |
What's Special
Walk-up
Listed by: Michelle Mazzotta • eXp Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24092923
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.
