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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Middletown at 3 Linden St, Middletown, CT, 06457 offers a 11.1% rental yield on a $240,000 purchase with $2,220/mo rent. Total monthly income registers $2,220/mo, and a $1,175/mo payment leaves $589/mo available for distribution. Annual cash flow reaches $7,068/yr on $79,560 to close, and return on cash invested stands at 28.79% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 151.27% and total cumulative return in cash at $120,350. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,220/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06457, Middletown, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,098 (100%) |
| Owner Occupied HU | 11,117 (50.3%) |
| Renter Occupied HU | 9,428 (42.7%) |
| Vacant Housing Units | 1,553 ( 7.0%) |
| Median Home Value | $343,608 |
| Average Home Value | $392,667 |
Residential
20,793
Single Family
17,574
Multi-Family
3,219
Businesses
1,530
Date | Event | Price |
|---|---|---|
| 2025-03-28 | Listed for sale | $240,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-02 | $4211.00 | 5.35% | $118,910 | N/A |
| 2023-04-02 | $3997.00 | 18.68% | $118,910 | 45.65% |
| 2022-04-02 | $3368.00 | 0.45% | $81,640 | N/A |
What's Special
None
Listed by: Thomas Mele • Dorrance Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24083703
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.
