166 Wynola AvenueNew BritainCT06051
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
Investment property for sale in New Britain at 166 Wynola Avenue, New Britain, CT, 06051 with 5% annual appreciation on a $295,000 basis while $2,229/mo rent supports operations. Total monthly income totals $2,229/mo and a $1,444/mo payment preserves $225/mo for cash returns. Annual cash flow comes to $2,694/yr on $97,793 deployed, and return on cash invested reaches 22.66% in year one. Equity gained on principal adds $1,904/yr, and five-year appreciation sums $81,503 alongside rental yield of 9.07%. Five-year ROI measures 118.43% and total cumulative return in cash totals $115,814.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,229/mo property income versus a $1,444/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1958
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06051, New Britain, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,514 (100%) |
| Owner Occupied HU | 3,444 (25.5%) |
| Renter Occupied HU | 8,850 (65.5%) |
| Vacant Housing Units | 1,220 ( 9.0%) |
| Median Home Value | $230,438 |
| Average Home Value | $284,544 |
Housing Distribution
Address Breakdown
Residential
12,551
Single Family
9,279
Multi-Family
3,272
Businesses
762
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Soraida Valentin-Trotman • Showcase Realty, Inc.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24098592
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.