142 Courtyard Lane #142Storrs MansfieldCT06268
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
Investment property for sale in Storrs Mansfield at 142 Courtyard Lane #142, Storrs Mansfield, CT, 06268 earns $472/mo cash flow from $3,187/mo rent with a $1,713/mo payment. Total monthly income totals $3,187/mo, and annual cash flow totals $5,664/yr on $116,025 capital. ROI tracks 24.79% on current figures, and rental yield reads 10.93% at a $350,000 purchase. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 over five years. Five-year ROI reaches 131.06% and total cumulative return in cash sums $152,066. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,187/mo property income instead of your personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
$337 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06268, Storrs Mansfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,614 (100%) |
| Owner Occupied HU | 2,028 (44.0%) |
| Renter Occupied HU | 2,071 (44.9%) |
| Vacant Housing Units | 515 (11.2%) |
| Median Home Value | $362,124 |
| Average Home Value | $387,401 |
Housing Distribution
Address Breakdown
Residential
4,325
Single Family
3,472
Multi-Family
853
Businesses
266
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Irene M. Sheehan • Weichert,REALTORS-Four Corners
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24115100
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.