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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 Ellington at 16 Middle Butcher Rd, Ellington, CT, 06029 uses $112,677 cash to close to unlock $5,894/yr annual cash flow and $491/mo monthly cash flow. Total monthly income runs $2,801/mo, and a $1,664/mo payment keeps the spread at $491/mo. Purchase price stands at $339,900, and rental yield measures 9.89% with $2,801/mo rent. Return on cash invested shows 25.14% in year one, and 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 131.73% and total cumulative return in cash records $148,427. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,801/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 1949
1.11 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06029, Ellington, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,044 (100%) |
| Owner Occupied HU | 4,614 (65.5%) |
| Renter Occupied HU | 2,097 (29.8%) |
| Vacant Housing Units | 333 ( 4.7%) |
| Median Home Value | $390,193 |
| Average Home Value | $432,805 |
Residential
6,931
Single Family
6,839
Multi-Family
92
Businesses
306
Date | Event | Price |
|---|---|---|
| 2025-04-18 | Listed for sale | $339,900 |
| 1986-12-17 | Sold | $114,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-22 | $5494.00 | 4.95% | $152,610 | N/A |
| 2023-04-22 | $5235.00 | 5.54% | $152,610 | N/A |
| 2022-04-22 | $4960.00 | 2.86% | $152,610 | N/A |
What's Special
None
Listed by: Diana M. Brown • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24088542
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.
