150 Longview DriveManchesterCT06040
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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 Manchester at 150 Longview Drive, Manchester, CT, 06040 with 5% annual appreciation on a $639,000 basis while $4,166/mo rent supports operations. 03% in year one. Equity gained on principal adds $4,123/yr, and five-year appreciation sums $176,544 alongside rental yield of 7.82%. Five-year ROI measures 98.94% and total cumulative return in cash totals $208,012. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,166/mo property income versus a $3,128/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2018
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06040, Manchester, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,411 (100%) |
| Owner Occupied HU | 7,881 (51.1%) |
| Renter Occupied HU | 6,807 (44.2%) |
| Vacant Housing Units | 723 ( 4.7%) |
| Median Home Value | $320,774 |
| Average Home Value | $341,609 |
Housing Distribution
Address Breakdown
Residential
15,428
Single Family
12,785
Multi-Family
2,643
Businesses
1,028
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Listed by: Michael Hvizdo • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24120120
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.