20 Manning Road, Enfield, CT, 06082 | 5.92% Rental Yield

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Price: $300K - 500K

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20 Manning Road, Enfield, CT, 06082 | 5.92% Rental Yield | Ziffy

For Sale

Currently Rented

Fix & Flip

Rental Income

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 Enfield at 20 Manning Road, Enfield, CT, 06082 offers $2,220/mo rent that, after a $2,203/mo payment. Total monthly income is $2,220/mo. Return on cash invested measures 13.17% in year one, and rental yield stands at 5.92% at a $450,000 entry. Equity gained on principal adds $2,904/yr while 5% annual appreciation compounds into $124,327 by year five. Five-year ROI records 67.48% and total cumulative return in cash reaches $100,662. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,220/mo property income versus a $2,203/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Multi Family

Built in 1955

5,183 sqft lot

$N/A/sqft

No HOA

More details about the property

ATTENTION INVESTORS. Fantastic two-family property! Desirable corner lot in quiet area of Enfield. Strong Rental Income. Nice reliable long-term tenants. Two side-by-side units, both have their own access to the basement. The left unit features six rooms, updated kitchen and bathrooms, 4-bedroom 2-bathrooms, wide open first floor layout, living room with Fireplace. See photos. The right side has 3 bedrooms and 1 bath. At the request of the tenant to protect their privacy, there are no interior photos of this side. Each unit has good-sized bedrooms. Both tenants have occupied their side for over 5 years, each unit has a long-term lease ending on March 31, 2027. 4-Car parking spots. Excellent Location Close to Downtown, Restaurants, Shopping, Costco, Fitness Centers, Parks, Bus Line, And Easy Highway Access To I-91. Diamond in the rough, rare opportunity. This Don't Last Long. Sold As-Is Please respect the tenants privacy and schedule an appointment.

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