177 New Britain Avenue #177UnionvilleCT06085
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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 Unionville at 177 New Britain Avenue #177, Unionville, CT, 06085 uses $64,941 cash to close to unlock $2,025/yr annual cash flow and $169/mo monthly cash flow. Total monthly income runs $1,500/mo, and a $959/mo payment keeps the spread at $169/mo. Purchase price stands at $195,900, and rental yield measures 9.19% with $1,500/mo rent. Return on cash invested shows 23.03% in year one, and 5% annual appreciation builds toward $54,124 over five years. Five-year ROI reaches 120.36% and total cumulative return in cash records $78,161. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,500/mo property income covering a $959/mo payment rather than investor’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06085, Unionville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,034 (100%) |
| Owner Occupied HU | 2,351 (77.5%) |
| Renter Occupied HU | 554 (18.3%) |
| Vacant Housing Units | 129 ( 4.3%) |
| Median Home Value | $448,757 |
| Average Home Value | $480,271 |
Housing Distribution
Address Breakdown
Residential
3,029
Single Family
2,795
Multi-Family
234
Businesses
224
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Listed by: Cheryl E. Arcidiacono • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24110842