31 Roosevelt StreetNew BritainCT06051
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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 New Britain at 31 Roosevelt Street, New Britain, CT, 06051 at $430,000 posts ROI 18.27% with from $2,736/mo rent. Total monthly income equals $2,736/mo. Return on cash invested measures 18.27% and rental yield reads 7.64% at the current $430,000. Equity gained on principal adds $2,775/yr, and 5% annual appreciation supports $118,801 by year five. Five-year ROI prints 94.89% and total cumulative return in cash totals $135,267. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,736/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1989
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06051, New Britain, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,514 (100%) |
| Owner Occupied HU | 3,444 (25.5%) |
| Renter Occupied HU | 8,850 (65.5%) |
| Vacant Housing Units | 1,220 ( 9.0%) |
| Median Home Value | $230,438 |
| Average Home Value | $284,544 |
Housing Distribution
Address Breakdown
Residential
12,551
Single Family
9,279
Multi-Family
3,272
Businesses
762
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Listed by: Mirya Catanzaro • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24128998
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.