236 Garry DriveNew BritainCT06052
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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
Rental property for sale in New Britain at 236 Garry Drive, New Britain, CT, 06052 priced at $379,900 pairs $2,719/mo rent with $138/mo cash flow after a $1,859/mo payment. Total monthly income equals $2,719/mo, and annual cash flow comes to $1,658/yr on $125,937 invested. Return on cash invested is 21.23% in year one, and rental yield stands at 8.59% on a $379,900 basis. Equity gained on principal adds $2,451/yr, and 5% annual appreciation accumulates to $104,959 by year five. Five-year ROI measures 110.73% and total cumulative return in cash reaches $139,445. For financing, Ziffy Mortgage’s DSCR program evaluates $2,719/mo property income against a $1,859/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1966
0.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06052, New Britain, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,586 (100%) |
| Owner Occupied HU | 1,896 (52.9%) |
| Renter Occupied HU | 1,387 (38.7%) |
| Vacant Housing Units | 303 ( 8.4%) |
| Median Home Value | $305,235 |
| Average Home Value | $368,505 |
Housing Distribution
Address Breakdown
Residential
3,188
Single Family
2,811
Multi-Family
377
Businesses
182
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Listed by: Lisa DeMartin • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24119540