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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 Mansfield at 15 Grandview Cir, Mansfield, CT, 06268 offers a 14.52% rental yield on a $225,000 purchase with $2,723/mo rent. Total monthly income registers $2,723/mo, and a $1,101/mo payment leaves $696/mo available for distribution. Annual cash flow reaches $8,346/yr on $74,588 to close, and return on cash invested stands at 31.1% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 166.58% and total cumulative return in cash at $124,245. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,723/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1992
3 Acres lot
$N/A/sqft
$499 monthly HOA
Neighborhood data shown for ZIP Code: 06268, Storrs Mansfield, CT area.
| 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 |
Residential
4,325
Single Family
3,472
Multi-Family
853
Businesses
266
Date | Event | Price |
|---|---|---|
| 2024-10-12 | Listed for sale | $225,000 |
| 2022-04-29 | Sold | $136,000 |
| 2022-03-18 | Contingent | $136,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $2285.00 | 3.72% | $72,500 | N/A |
| 2022-10-15 | $2203.00 | -3.16% | $72,500 | N/A |
| 2021-10-15 | $2275.00 | N/A | $72,500 | N/A |
What's Special
None
Listed by: Cheri Trudon • ERA Blanchard & Rossetto
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24050644
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.
