12 South RoadEnfieldCT06082
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Enfield at 12 South Road, Enfield, CT, 06082 priced at $249,900 converts $2,406/mo rent into $708/mo cash flow after a $1,223/mo obligation. Total monthly income equals $2,406/mo, and annual cash flow totals $8,498/yr on $82,842 invested. Return on cash invested prints 30.17% in year one, and rental yield reads 11.55% against a $249,900 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation compiles into $69,043 by year five. Five-year ROI reaches 158.69% and total cumulative return in cash sums $131,462. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,406/mo property income covering a $1,223/mo payment, not borrower’s personal income.
Single Family
Built in 1948
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06082, Enfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,831 (100%) |
| Owner Occupied HU | 12,637 (70.9%) |
| Renter Occupied HU | 4,435 (24.9%) |
| Vacant Housing Units | 759 ( 4.3%) |
| Median Home Value | $293,010 |
| Average Home Value | $335,568 |
Housing Distribution
Address Breakdown
Residential
17,608
Single Family
16,797
Multi-Family
811
Businesses
983
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Listed by: Kristin Birkenshaw • Realty One Group Cutting Edge
Mls Name: Smart MLS
Mls ID: #24145648