21 King CourtEnfieldCT06082
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
Rental property for sale in Enfield at 21 King Court, Enfield, CT, 06082 priced at $319,000 converts $2,880/mo rent into $713/mo cash flow after a $1,561/mo obligation. Total monthly income equals $2,880/mo, and annual cash flow totals $8,555/yr on $105,749 invested. Return on cash invested prints 28% in year one, and rental yield reads 10.83% against a $319,000 entry. Equity gained on principal adds $2,058/yr, while 5% annual appreciation compiles into $88,134 by year five. Five-year ROI reaches 147.01% and total cumulative return in cash sums $155,461. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,880/mo property income covering a $1,561/mo payment, not borrower’s personal income.
Single Family
Built in 1954
9,583 sqft 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
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Listed by: Vickie N. Allen • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24135725