117 Mattabassett StEast BerlinCT06023
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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 East Berlin at 117 Mattabassett St, East Berlin, CT, 06023 priced at $295,000 pairs $2,001/mo rent with after a $1,444/mo payment. Total monthly income equals $2,001/mo. Return on cash invested is 19.87% in year one, and rental yield stands at 8.14% on a $295,000 basis. Equity gained on principal adds $1,904/yr, and 5% annual appreciation accumulates to $81,503 by year five. Five-year ROI measures 103.43% and total cumulative return in cash reaches $101,150. For financing, Ziffy Mortgage’s DSCR program evaluates $2,001/mo property income against a $1,444/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06023, East Berlin, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 619 (100%) |
| Owner Occupied HU | 509 (82.2%) |
| Renter Occupied HU | 108 (17.4%) |
| Vacant Housing Units | 2 ( 0.3%) |
| Median Home Value | $441,503 |
| Average Home Value | $453,630 |
Housing Distribution
Address Breakdown
Residential
506
Single Family
506
Multi-Family
0
Businesses
160
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Listed by: Maryann Stanley • Century 21 AllPoints Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24079432
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.