345 Hilliard StManchesterCT06042
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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 Manchester at 345 Hilliard St, Manchester, CT, 06042 listed at $249,000 pairs $2,085/mo rent with a $1,219/mo payment to leave $393/mo cash flow. Total monthly income runs $2,085/mo, and annual cash flow reaches $4,715/yr on $82,544 cash to close. Return on cash invested measures 25.62% in year one, and rental yield registers 10.05% at a $249,000 basis. Equity gained on principal adds $1,607/yr, and annual property appreciation at 5% supports $68,794 by year five. Five-year ROI tracks 134.28% and total cumulative return in cash totals $110,840. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,085/mo property income relative to a $1,219/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1942
9,583 sqft lot
$N/A/sqft
No HOA
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Listed by: Miale Team at Keller Williams Legacy Partners • KW Legacy Partners
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24097370
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