164 Scott DriveManchesterCT06042
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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 164 Scott Drive, Manchester, CT, 06042 with 5% annual appreciation on a $329,000 basis while $3,115/mo rent supports operations. Total monthly income totals $3,115/mo and a $1,610/mo payment preserves $836/mo for cash returns. Annual cash flow comes to $10,029/yr on $109,064 deployed, and return on cash invested reaches 29.1% in year one. Equity gained on principal adds $2,123/yr, and five-year appreciation sums $90,897 alongside rental yield of 11.36%. Five-year ROI measures 153.13% and total cumulative return in cash totals $167,013.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,115/mo property income versus a $1,610/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1966
0.61 Acres lot
$N/A/sqft
No HOA
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Listed by: Rebecca Berner • Eagle Eye Realty PLLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24106166
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