285 Carpenter RoadCoventryCT06238








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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
Rental property for sale in Coventry at 285 Carpenter Road, Coventry, CT, 06238 priced at $449,700 converts $2,700/mo rent into after a $2,201/mo obligation. Total monthly income equals $2,700/mo. Return on cash invested prints 17.05% in year one, and rental yield reads 7.2% against a $449,700 entry. Equity gained on principal adds $2,902/yr, while 5% annual appreciation compiles into $124,244 by year five. Five-year ROI reaches 88.3% and total cumulative return in cash sums $131,636. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,700/mo property income covering a $2,201/mo payment, not borrower’s personal income.
Single Family
Built in 1979
10.58 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: Eric Cichon • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24142570








