167 Hickory Hill RoadNew BritainCT06052
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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
Rental property for sale in New Britain at 167 Hickory Hill Road, New Britain, CT, 06052 offers $2,727/mo rent that, after a $2,153/mo payment. Total monthly income is $2,727/mo. Return on cash invested measures 17.75% in year one, and rental yield stands at 7.44% at a $439,900 entry. Equity gained on principal adds $2,839/yr while 5% annual appreciation compounds into $121,536 by year five. Five-year ROI records 92.09% and total cumulative return in cash reaches $134,295. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,727/mo property income versus a $2,153/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06052, New Britain, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,586 (100%) |
| Owner Occupied HU | 1,896 (52.9%) |
| Renter Occupied HU | 1,387 (38.7%) |
| Vacant Housing Units | 303 ( 8.4%) |
| Median Home Value | $305,235 |
| Average Home Value | $368,505 |
Housing Distribution
Address Breakdown
Residential
3,188
Single Family
2,811
Multi-Family
377
Businesses
182
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Listed by: Maria A. Sanchez • De Los Angeles Realty Group, LLC
Mls Name: Smart MLS
Mls ID: #24123056