16 Thornbush Road ExtensionMansfieldCT06250
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Mansfield at 16 Thornbush Road Extension, Mansfield, CT, 06250 priced at $300,000 pairs $2,675/mo rent with $637/mo cash flow after a $1,468/mo payment. Total monthly income equals $2,675/mo, and annual cash flow comes to $7,644/yr on $99,450 invested. Return on cash invested is 27.6% in year one, and rental yield stands at 10.7% on a $300,000 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,884 by year five. Five-year ROI measures 144.86% and total cumulative return in cash reaches $144,060. For financing, Ziffy Mortgage’s DSCR program evaluates $2,675/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1930
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06250, Mansfield Center, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,345 (100%) |
| Owner Occupied HU | 1,631 (69.6%) |
| Renter Occupied HU | 571 (24.3%) |
| Vacant Housing Units | 143 ( 6.1%) |
| Median Home Value | $330,451 |
| Average Home Value | $369,027 |
Housing Distribution
Address Breakdown
Residential
2,137
Single Family
2,136
Multi-Family
1
Businesses
161
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Boswell • LPT Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24123887
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.