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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% |
Rental property for sale in Stafford Springs at 148 Conklin Rd, Stafford Springs, CT, 06076 priced at $249,900 converts $1,920/mo rent into $222/mo cash flow after a $1,223/mo obligation. Total monthly income equals $1,920/mo, and annual cash flow totals $2,666/yr on $82,842 invested. Return on cash invested prints 23.13% in year one, and rental yield reads 9.22% 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 120.94% and total cumulative return in cash sums $100,190. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,920/mo property income covering a $1,223/mo payment, not borrower’s personal income.
Single Family
Built in 1967
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06076, Stafford Springs, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,574 (100%) |
| Owner Occupied HU | 3,900 (70.0%) |
| Renter Occupied HU | 1,223 (21.9%) |
| Vacant Housing Units | 451 ( 8.1%) |
| Median Home Value | $295,978 |
| Average Home Value | $378,008 |
Residential
5,361
Single Family
5,272
Multi-Family
89
Businesses
321
Date | Event | Price |
|---|---|---|
| 2025-03-29 | Listed for sale | $249,900 |
| 1988-01-05 | Sold | $13,637 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-02 | $4055.00 | 5.00% | $105,070 | N/A |
| 2023-04-02 | $3862.00 | 2.74% | $105,070 | N/A |
| 2022-04-02 | $3759.00 | 2.43% | $105,070 | N/A |
What's Special
None
Listed by: Jordan N. Hosey • Arute Realty Group LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24083135
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.
