27 High StreetNew HartfordCT06057
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
Rental property for sale in New Hartford at 27 High Street, New Hartford, CT, 06057 offers $2,777/mo rent that, after a $1,649/mo payment, leaves $488/mo cash flow. Total monthly income is $2,777/mo, and annual cash flow is $5,852/yr on $111,716 cash. Return on cash invested measures 25.15% in year one, and rental yield stands at 9.89% at a $337,000 entry. Equity gained on principal adds $2,175/yr while 5% annual appreciation compounds into $93,107 by year five. Five-year ROI records 131.73% and total cumulative return in cash reaches $147,168. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,777/mo property income versus a $1,649/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1860
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06057, New Hartford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,904 (100%) |
| Owner Occupied HU | 2,295 (79.0%) |
| Renter Occupied HU | 327 (11.3%) |
| Vacant Housing Units | 282 ( 9.7%) |
| Median Home Value | $405,658 |
| Average Home Value | $434,193 |
Housing Distribution
Address Breakdown
Residential
2,534
Single Family
2,387
Multi-Family
147
Businesses
171
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Listed by: Lindsay Warner • Tier 1 Real Estate
Mls Name: Smart MLS
Mls ID: #24143946