191 Batterson Drive, New Britain, CT, 06053 | $12/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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191 Batterson Drive, New Britain, CT, 06053 | $12/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in New Britain at 191 Batterson Drive, New Britain, CT, 06053 generates $1,500/mo in rent and, after a $1,072/mo payment, leaves $12/mo in cash flow. Total monthly income is $1,500/mo, and annual cash flow is $143/yr on $72,599 invested. Return on cash invested sits at 20.11% in year one, and rental yield is 8.22% on a $219,000 entry. Equity gained on principal adds $1,413/yr, while 5% annual appreciation builds toward $60,506 over five years. Five-year ROI reaches 104.68% and total cumulative return in cash sums $75,993. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,500/mo property income rather than buyer’s personal income.

Single Family

Built in 1969

10,454 sqft lot

$N/A/sqft

No HOA

More details about the property

This diamond-in-the-rough offers incredible potential for those with a vision to restore its former glory! 3-bedroom, 1.5-bath Colonial in an awesome location with seasonal views of Batterson Pond, just steps from the Farmington line! The first floor is gutted, providing a blank canvas to create your dream layout with updated electrical and partial updated plumbing. Upstairs, three generous sized bedrooms boast hardwood floors along with a gutted full bath. The living room features a cozy fireplace, perfect for chilly evenings. Enjoy the convenience of gas heating, a 1-car garage, full basement and a newer roof. The private yard, surrounded by mature plantings, offers a serene retreat for relaxation or entertaining. With easy access to I-84, Route 9, and Route 6, commuting is a breeze, and nearby amenities make this location unbeatable. Whether you're a renovator or a homeowner ready to personalize, this property is your chance to craft a masterpiece in a prime spot. Don't miss out on this rare opportunity to own in a sought-after area with endless possibilities. Schedule today and envision the future of this timeless gem! Sold AS-IS. ***Highest & best by 11am, Sunday, 9/7, sellers reserve the right to accept an offer at anytime*** Electricity is NOT on. Please make sure to bring a flashlight or show during daylight hours only! No showings after 7:30 pm.

Neighborhood Data

Neighborhood data shown for ZIP Code: 06053, New Britain, CT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,776 (100%)
Owner Occupied HU	6,790 (46.0%)
Renter Occupied HU	7,041 (47.7%)
Vacant Housing Units	945 ( 6.4%)
Median Home Value	$239,929
Average Home Value	$277,573