174 Cottage RdEnfieldCT06082
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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 Enfield at 174 Cottage Rd, Enfield, CT, 06082 generates $1,995/mo in rent and, after a $1,395/mo payment, leaves $38/mo in cash flow. Total monthly income is $1,995/mo, and annual cash flow is $451/yr on $94,478 invested. Return on cash invested sits at 20.39% in year one, and rental yield is 8.4% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 106.31% and total cumulative return in cash sums $100,434. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,995/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
0.40 Acres lot
$N/A/sqft
$251 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06082, Enfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,831 (100%) |
| Owner Occupied HU | 12,637 (70.9%) |
| Renter Occupied HU | 4,435 (24.9%) |
| Vacant Housing Units | 759 ( 4.3%) |
| Median Home Value | $293,010 |
| Average Home Value | $335,568 |
Housing Distribution
Address Breakdown
Residential
17,608
Single Family
16,797
Multi-Family
811
Businesses
983
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Listed by: Dawn Ezold • Naples Realty Group, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24080521
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.