3 Georgetown Drive #HEnfieldCT06082
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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 Enfield at 3 Georgetown Drive #H, Enfield, CT, 06082 with 5% annual appreciation on a $189,999 basis while $1,430/mo rent supports operations. Total monthly income totals $1,430/mo and a $930/mo payment preserves $139/mo for cash returns. Annual cash flow comes to $1,668/yr on $62,985 deployed, and return on cash invested reaches 22.56% in year one. Equity gained on principal adds $1,226/yr, and five-year appreciation sums $52,493 alongside rental yield of 9.03%. Five-year ROI measures 117.82% and total cumulative return in cash totals $74,208.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,430/mo property income versus a $930/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1969
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06082, Enfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,831 (100%) |
| Owner Occupied HU | 12,637 (70.9%) |
| Renter Occupied HU | 4,435 (24.9%) |
| Vacant Housing Units | 759 ( 4.3%) |
| Median Home Value | $293,010 |
| Average Home Value | $335,568 |
Housing Distribution
Address Breakdown
Residential
17,608
Single Family
16,797
Multi-Family
811
Businesses
983
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Listed by: Demetri Vella • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24136685