








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


Investment property for sale in New Britain at 1259 East Street APT A, New Britain, CT, 06053 offers a 9.11% rental yield on a $173,000 purchase with $1,313/mo rent. Total monthly income registers $1,313/mo, and a $847/mo payment leaves $137/mo available for distribution. Annual cash flow reaches $1,648/yr on $57,350 to close, and return on cash invested stands at 22.78% in year one. Equity gained on principal adds $1,116/yr while 5% annual appreciation supports $47,797 over five years. Portfolio math shows five-year ROI at 119.13% and total cumulative return in cash at $68,319. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,313/mo property income against a $847/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06053, New Britain, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,776 (100%) |
| Owner Occupied HU | 6,790 (46.0%) |
| Renter Occupied HU | 7,041 (47.7%) |
| Vacant Housing Units | 945 ( 6.4%) |
| Median Home Value | $239,929 |
| Average Home Value | $277,573 |
Residential
13,907
Single Family
11,194
Multi-Family
2,713
Businesses
444
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



Listed by: Joan L. Zayas • Calcagni Real Estate
Mls Name: Smart MLS
Mls ID: #24134688