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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% |
Investment property for sale in New Britain at 1467 Corbin Avenue, New Britain, CT, 06053 listed at $525,000 pairs $3,420/mo rent with a $2,570/mo payment. Total monthly income runs $3,420/mo. Return on cash invested measures 19.04% in year one, and rental yield registers 7.82% at a $525,000 basis. Equity gained on principal adds $3,388/yr, and annual property appreciation at 5% supports $145,048 by year five. Five-year ROI tracks 98.94% and total cumulative return in cash totals $170,901. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,420/mo property income relative to a $2,570/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1927
6,969 sqft 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: Brandon Rush • Coldwell Banker Commercial NRT
Mls Name: Smart MLS
Mls ID: #24138507
