189 Loomis StreetManchesterCT06042








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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 189 Loomis Street, Manchester, CT, 06042 listed at $209,900 pairs $1,438/mo rent with a $1,027/mo payment to leave $12/mo cash flow. Total monthly income runs $1,438/mo, and annual cash flow reaches $146/yr on $69,582 cash to close. Return on cash invested measures 20.12% in year one, and rental yield registers 8.22% at a $209,900 basis. Equity gained on principal adds $1,354/yr, and annual property appreciation at 5% supports $57,992 by year five. Five-year ROI tracks 104.8% and total cumulative return in cash totals $72,920. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,438/mo property income relative to a $1,027/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1947
9,583 sqft lot
$N/A/sqft
No HOA
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Listed by: Jeffrey A. Rothman • eXp Realty
Mls Name: Smart MLS
Mls ID: #24109152








