243 New Britain Avenue #243UnionvilleCT06085
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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 Unionville at 243 New Britain Avenue #243, Unionville, CT, 06085 listed at $274,900 pairs $1,500/mo rent with a $1,346/mo payment. Total monthly income runs $1,500/mo. Return on cash invested measures 15.07% in year one, and rental yield registers 6.55% at a $274,900 basis. Equity gained on principal adds $1,774/yr, and annual property appreciation at 5% supports $75,950 by year five. Five-year ROI tracks 77.7% and total cumulative return in cash totals $70,803. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,500/mo property income relative to a $1,346/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06085, Unionville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,034 (100%) |
| Owner Occupied HU | 2,351 (77.5%) |
| Renter Occupied HU | 554 (18.3%) |
| Vacant Housing Units | 129 ( 4.3%) |
| Median Home Value | $448,757 |
| Average Home Value | $480,271 |
Housing Distribution
Address Breakdown
Residential
3,029
Single Family
2,795
Multi-Family
234
Businesses
224
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Listed by: Gail Gene Mercey • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24148779