








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 Colchester at 159 S Main St, Colchester, CT, 06415 at $289,900 posts ROI 32.77% with $1,030/mo cash flow from $3,000/mo rent. Total monthly income equals $3,000/mo, and annual cash flow records $12,362/yr on $96,102 to close. Return on cash invested measures 32.77% and rental yield reads 12.42% at the current $289,900. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,094 by year five. Five-year ROI prints 172.66% and total cumulative return in cash totals $165,933.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,000/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1842
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06415, Colchester, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,191 (100%) |
| Owner Occupied HU | 5,223 (72.6%) |
| Renter Occupied HU | 1,325 (18.4%) |
| Vacant Housing Units | 643 ( 8.9%) |
| Median Home Value | $372,596 |
| Average Home Value | $404,128 |
Residential
6,910
Single Family
6,666
Multi-Family
244
Businesses
470
Date | Event | Price |
|---|---|---|
| 2025-04-03 | Listed for sale | $289,900 |
| 2002-08-19 | Sold | $145,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



What's Special
Pull Down Stairs
Listed by: Waneta J. Lenk • Carl Guild & Associates
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24080867
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.