252 Highland AveMeridenCT06451
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Meriden at 252 Highland Ave, Meriden, CT, 06451 at $419,900 posts ROI 18.69% with from $2,711/mo rent. Total monthly income equals $2,711/mo. Return on cash invested measures 18.69% and rental yield reads 7.75% at the current $419,900. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,011 by year five. Five-year ROI prints 97.11% and total cumulative return in cash totals $135,168. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,711/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1931
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06451, Meriden, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,791 (100%) |
| Owner Occupied HU | 5,691 (52.7%) |
| Renter Occupied HU | 4,353 (40.3%) |
| Vacant Housing Units | 747 ( 6.9%) |
| Median Home Value | $277,449 |
| Average Home Value | $337,992 |
Housing Distribution
Address Breakdown
Residential
9,464
Single Family
8,427
Multi-Family
1,037
Businesses
491
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: NATUZZA'S TEAM AT WILLIAM RAVEIS REAL ESTATE • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24047466
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.