27 Grant RoadManchesterCT06042
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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 27 Grant Road, Manchester, CT, 06042 with 5% annual appreciation on a $270,000 basis while $3,515/mo rent supports operations. Total monthly income totals $3,515/mo and a $1,322/mo payment preserves $1,638/mo for cash returns. Annual cash flow comes to $19,658/yr on $89,505 deployed, and return on cash invested reaches 41.87% in year one. Equity gained on principal adds $1,742/yr, and five-year appreciation sums $74,596 alongside rental yield of 15.62%. Five-year ROI measures 221.66% and total cumulative return in cash totals $198,397.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,515/mo property income versus a $1,322/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1951
9,147 sqft lot
$N/A/sqft
No HOA
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Listed by: Elizabeth Mattern • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24117257
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