1639 North River RoadCoventryCT06238
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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 Coventry at 1639 North River Road, Coventry, CT, 06238 earns $194/mo cash flow from $1,383/mo rent with a $857/mo payment. Total monthly income totals $1,383/mo, and annual cash flow totals $2,322/yr on $58,013 capital. ROI tracks 23.91% on current figures, and rental yield reads 9.48% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 125.14% and total cumulative return in cash sums $72,595. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,383/mo property income instead of your personal income.
Single Family
Built in 1940
1.83 Acres lot
$N/A/sqft
No HOA
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Listed by: THE DJ DUBE TEAM • RE/MAX Right Choice
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24107830
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.