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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Meriden at 18 Adams St, Meriden, CT, 06450 at $329,000 posts ROI 35.1% with $1,381/mo cash flow from $3,616/mo rent. Total monthly income equals $3,616/mo, and annual cash flow records $16,571/yr on $109,064 to close. Return on cash invested measures 35.1% and rental yield reads 13.19% at the current $329,000. Equity gained on principal adds $2,123/yr, and 5% annual appreciation supports $90,897 by year five. Five-year ROI prints 185.11% and total cumulative return in cash totals $201,885.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,616/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1952
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06450, Meriden, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,548 (100%) |
| Owner Occupied HU | 8,633 (55.5%) |
| Renter Occupied HU | 5,916 (38.0%) |
| Vacant Housing Units | 999 ( 6.4%) |
| Median Home Value | $273,744 |
| Average Home Value | $352,363 |
Residential
14,312
Single Family
12,493
Multi-Family
1,819
Businesses
1,173
Date | Event | Price |
|---|---|---|
| 2024-10-03 | Listed for sale | $329,000 |
| 2022-04-07 | Sold | $200,000 |
| 2022-03-04 | Contingent | $189,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $4213.00 | 5.46% | $121,100 | N/A |
| 2022-10-15 | $3995.00 | 9.21% | $121,100 | 35.26% |
| 2021-10-15 | $3658.00 | -0.01% | $89,530 | N/A |
What's Special
Access Via Hatch
Listed by: TEAM TEN HOMES AT WILLIAM RAVEIS • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24051025
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.
