23 Circle DriveMansfieldCT06250
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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 23 Circle Drive, Mansfield, CT, 06250 uses $99,118 cash to close to unlock $11,627/yr annual cash flow and $969/mo monthly cash flow. Total monthly income runs $3,000/mo, and a $1,463/mo payment keeps the spread at $969/mo. Purchase price stands at $298,997, and rental yield measures 12.04% with $3,000/mo rent. Return on cash invested shows 31.64% in year one, and 5% annual appreciation builds toward $82,607 over five years. Five-year ROI reaches 166.54% and total cumulative return in cash records $165,069. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,000/mo property income covering a $1,463/mo payment rather than investor’s personal income.
Single Family
Built in 1954
8,712 sqft 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: Nadia Arias • KC Realty
Mls Name: Smart MLS
Mls ID: #24140324