176 Broad StreetManchesterCT06042








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 Manchester at 176 Broad Street, Manchester, CT, 06042 at $290,000 posts ROI 20.38% with $38/mo cash flow from $2,008/mo rent. Total monthly income equals $2,008/mo, and annual cash flow records $456/yr on $96,135 to close. Return on cash invested measures 20.38% and rental yield reads 8.31% at the current $290,000. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,122 by year five. Five-year ROI prints 106.16% and total cumulative return in cash totals $102,052.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,008/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
8,276 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: Jeannette Westwood • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24121107








