2 Pequot Square #2Mansfield CenterCT06250
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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
Rental property for sale in Mansfield Center at 2 Pequot Square #2, Mansfield Center, CT, 06250 generates $2,947/mo in rent, after a $2,344/mo payment. Total monthly income is $2,947/mo. Return on cash invested sits at 17.59% in year one, and rental yield is 7.38% on a $479,000 entry. Equity gained on principal adds $3,091/yr, while 5% annual appreciation builds toward $132,339 over five years. Five-year ROI reaches 91.18% and total cumulative return in cash sums $144,783. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,947/mo property income rather than buyer’s personal income.
Condo
Built in 2011
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06250, Mansfield Center, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,345 (100%) |
| Owner Occupied HU | 1,631 (69.6%) |
| Renter Occupied HU | 571 (24.3%) |
| Vacant Housing Units | 143 ( 6.1%) |
| Median Home Value | $330,451 |
| Average Home Value | $369,027 |
Housing Distribution
Address Breakdown
Residential
2,137
Single Family
2,136
Multi-Family
1
Businesses
161
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Listed by: Amy P. Rio • Executive Real Estate Inc.
Mls Name: Smart MLS
Mls ID: #24130597