25 Forest Street #BManchesterCT06040
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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 Manchester at 25 Forest Street #B, Manchester, CT, 06040 at $149,900 posts ROI 22.84% with $121/mo cash flow from $1,140/mo rent. Total monthly income equals $1,140/mo, and annual cash flow records $1,454/yr on $49,692 to close. Return on cash invested measures 22.84% and rental yield reads 9.13% at the current $149,900. Equity gained on principal adds $967/yr, and 5% annual appreciation supports $41,415 by year five. Five-year ROI prints 119.41% and total cumulative return in cash totals $59,339.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,140/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1944
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06040, Manchester, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,411 (100%) |
| Owner Occupied HU | 7,881 (51.1%) |
| Renter Occupied HU | 6,807 (44.2%) |
| Vacant Housing Units | 723 ( 4.7%) |
| Median Home Value | $320,774 |
| Average Home Value | $341,609 |
Housing Distribution
Address Breakdown
Residential
15,428
Single Family
12,785
Multi-Family
2,643
Businesses
1,028
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Listed by: Rick A. McCullough • R.A. McCullough Homes, LLC
Mls Name: Smart MLS
Mls ID: #24137183