28 Armstrong Road #D32,Coventry,CT,06238

Investment Highlights

Investment property for sale in Coventry at 28 Armstrong Road #D32, Coventry, CT, 06238 listed at $250,000 pairs $1,700/mo rent with a $1,224/mo payment to leave $1/mo cash flow. Total monthly income runs $1,700/mo, and annual cash flow reaches $12/yr on $82,875 cash to close. Return on cash invested measures 19.92% in year one, and rental yield registers 8.16% at a $250,000 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,070 by year five. Five-year ROI tracks 103.7% and total cumulative return in cash totals $85,942. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,700/mo property income relative to a $1,224/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).