268 Lawlor Street APT 6New BritainCT06051
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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 New Britain at 268 Lawlor Street APT 6, New Britain, CT, 06051 offers a 10.49% rental yield on a $200,000 purchase with $1,748/mo rent. Total monthly income registers $1,748/mo, and a $979/mo payment leaves $62/mo available for distribution. Annual cash flow reaches $742/yr on $66,300 to close, and return on cash invested stands at 21.03% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 111.79% and total cumulative return in cash at $74,120. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,748/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1989
N/A lot
$N/A/sqft
$305 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06051, New Britain, CT area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
12,551
Single Family
9,279
Multi-Family
3,272
Businesses
762
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Listed by: J. Boswell Team at LPT Realty • LPT Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24091018
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.