235 High Street APT CNew BritainCT06051
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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 New Britain at 235 High Street APT C, New Britain, CT, 06051 with 5% annual appreciation on a $289,900 basis while $2,717/mo rent supports operations. Total monthly income totals $2,717/mo and a $1,419/mo payment preserves $747/mo for cash returns. Annual cash flow comes to $8,966/yr on $96,102 deployed, and return on cash invested reaches 29.24% in year one. Equity gained on principal adds $1,871/yr, and five-year appreciation sums $80,094 alongside rental yield of 11.25%. Five-year ROI measures 153.71% and total cumulative return in cash totals $147,717.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,717/mo property income versus a $1,419/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 2006
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06051, New Britain, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,514 (100%) |
| Owner Occupied HU | 3,444 (25.5%) |
| Renter Occupied HU | 8,850 (65.5%) |
| Vacant Housing Units | 1,220 ( 9.0%) |
| Median Home Value | $230,438 |
| Average Home Value | $284,544 |
Housing Distribution
Address Breakdown
Residential
12,551
Single Family
9,279
Multi-Family
3,272
Businesses
762
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Listed by: Mike Robinson • Century 21 AllPoints Realty
Mls Name: Smart MLS
Mls ID: #24121531