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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in New Britain at 235 Tremont St UNIT 7A, New Britain, CT, 06051 priced at $185,000 pairs $1,440/mo rent with $30/mo cash flow after a $905/mo payment. Total monthly income equals $1,440/mo, and annual cash flow comes to $354/yr on $61,328 invested. Return on cash invested is 20.49% in year one, and rental yield stands at 9.34% on a $185,000 basis. Equity gained on principal adds $1,194/yr, and 5% annual appreciation accumulates to $51,112 by year five. Five-year ROI measures 107.86% and total cumulative return in cash reaches $66,147. For financing, Ziffy Mortgage’s DSCR program evaluates $1,440/mo property income against a $905/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1989
N/A lot
$N/A/sqft
$154 monthly HOA
Neighborhood data shown for ZIP Code: 06051, New Britain, CT area.
| 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 |
Residential
12,551
Single Family
9,279
Multi-Family
3,272
Businesses
762
Date | Event | Price |
|---|---|---|
| 2025-04-11 | Listed for sale | $185,000 |
| 2024-10-18 | Sold | $180,000 |
| 2024-09-17 | Listed for sale | $164,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-13 | $2284.00 | 3.44% | $57,680 | N/A |
| 2023-04-13 | $2208.00 | -23.78% | $57,680 | -1.44% |
| 2022-04-13 | $2897.00 | N/A | $58,520 | N/A |
What's Special
Pull Down Stairs
Listed by: BROOKE TEAM AT EXP REALTY • eXp Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24085809
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.
