2 Pearl St ExtensionEnfieldCT06082
Nearby investment properties with comparable rents
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 Enfield at 2 Pearl St Extension, Enfield, CT, 06082 offers a 9.24% rental yield on a $325,000 purchase with $2,503/mo rent. Total monthly income registers $2,503/mo, and a $1,591/mo payment leaves $295/mo available for distribution. Annual cash flow reaches $3,534/yr on $107,738 to close, and return on cash invested stands at 23.19% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 121.24% and total cumulative return in cash at $130,621. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,503/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1955
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06082, Enfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,831 (100%) |
| Owner Occupied HU | 12,637 (70.9%) |
| Renter Occupied HU | 4,435 (24.9%) |
| Vacant Housing Units | 759 ( 4.3%) |
| Median Home Value | $293,010 |
| Average Home Value | $335,568 |
Housing Distribution
Address Breakdown
Residential
17,608
Single Family
16,797
Multi-Family
811
Businesses
983
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dawn Ezold • Naples Realty Group, LLC
Mls Name: Smart MLS
Mls ID: #24146351