28 Symco DriveNew BritainCT06053
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 New Britain at 28 Symco Drive, New Britain, CT, 06053 uses $99,417 cash to close to unlock $6,431/yr annual cash flow and $536/mo monthly cash flow. Total monthly income runs $2,623/mo, and a $1,468/mo payment keeps the spread at $536/mo. Purchase price stands at $299,900, and rental yield measures 10.5% with $2,623/mo rent. Return on cash invested shows 26.38% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 138.54% and total cumulative return in cash records $137,728. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,623/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1974
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06053, New Britain, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,776 (100%) |
| Owner Occupied HU | 6,790 (46.0%) |
| Renter Occupied HU | 7,041 (47.7%) |
| Vacant Housing Units | 945 ( 6.4%) |
| Median Home Value | $239,929 |
| Average Home Value | $277,573 |
Housing Distribution
Address Breakdown
Residential
13,907
Single Family
11,194
Multi-Family
2,713
Businesses
444
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jacek Mikolajczyk Team • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24107268
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.