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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 Middletown at 191 Congdon St E, Middletown, CT, 06457 at $299,000 posts ROI 21.62% with $142/mo cash flow from $2,329/mo rent. Total monthly income equals $2,329/mo, and annual cash flow records $1,700/yr on $99,119 to close. Return on cash invested measures 21.62% and rental yield reads 9.35% at the current $299,000. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 by year five. Five-year ROI prints 113.53% and total cumulative return in cash totals $112,534.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,329/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1949
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06457, Middletown, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,098 (100%) |
| Owner Occupied HU | 11,117 (50.3%) |
| Renter Occupied HU | 9,428 (42.7%) |
| Vacant Housing Units | 1,553 ( 7.0%) |
| Median Home Value | $343,608 |
| Average Home Value | $392,667 |
Residential
20,793
Single Family
17,574
Multi-Family
3,219
Businesses
1,530
Date | Event | Price |
|---|---|---|
| 2025-04-19 | Price change | $299,000 |
| 2025-04-12 | Listed for sale | $340,000 |
| 2018-04-01 | Listing removed | $174,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-19 | $7197.00 | 4.84% | $195,580 | N/A |
| 2023-04-19 | $6865.00 | 9.59% | $195,580 | 37.38% |
| 2022-04-19 | $6264.00 | N/A | $142,360 | N/A |
What's Special
Access Via Hatch
Listed by: Laura Beth Collinson • Carl Guild & Associates
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24087838
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.
