201 Baxter Road APT DMansfieldCT06268
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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
Investment property for sale in Mansfield at 201 Baxter Road APT D, Mansfield, CT, 06268 offers a 12.43% rental yield on a $222,500 purchase with $2,305/mo rent. Total monthly income registers $2,305/mo, and a $1,089/mo payment leaves $394/mo available for distribution. Annual cash flow reaches $4,731/yr on $73,759 to close, and return on cash invested stands at 26.32% in year one. Equity gained on principal adds $1,436/yr while 5% annual appreciation supports $61,473 over five years. Portfolio math shows five-year ROI at 140.44% and total cumulative return in cash at $103,588. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,305/mo property income against a $1,089/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1966
N/A lot
$N/A/sqft
$399 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06268, Storrs Mansfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,614 (100%) |
| Owner Occupied HU | 2,028 (44.0%) |
| Renter Occupied HU | 2,071 (44.9%) |
| Vacant Housing Units | 515 (11.2%) |
| Median Home Value | $362,124 |
| Average Home Value | $387,401 |
Housing Distribution
Address Breakdown
Residential
4,325
Single Family
3,472
Multi-Family
853
Businesses
266
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Listed by: Stephanie Liriano • Redfin Corporation
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24101159
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.