18 Ashland StreetManchesterCT06042








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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 Manchester at 18 Ashland Street, Manchester, CT, 06042 uses $86,157 cash to close to unlock $6,314/yr annual cash flow and $526/mo monthly cash flow. Total monthly income runs $2,292/mo, and a $1,272/mo payment keeps the spread at $526/mo. Purchase price stands at $259,900, and rental yield measures 10.58% with $2,292/mo rent. Return on cash invested shows 27.24% in year one, and 5% annual appreciation builds toward $71,806 over five years. Five-year ROI reaches 142.97% and total cumulative return in cash records $123,178. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,292/mo property income covering a $1,272/mo payment rather than investor’s personal income.
Single Family
Built in 1973
8,276 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: Marybeth Barrett • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24123252








