35 Grand StreetNew BritainCT06052
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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 35 Grand Street, New Britain, CT, 06052 earns $241/mo cash flow from $2,197/mo rent with a $1,409/mo payment. Total monthly income totals $2,197/mo, and annual cash flow totals $2,892/yr on $95,439 capital. ROI tracks 22.94% on current figures, and rental yield reads 9.16% at a $287,900 purchase. Equity gained on principal adds $1,858/yr, and 5% annual appreciation supports $79,541 over five years. Five-year ROI reaches 119.87% and total cumulative return in cash sums $114,401. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,197/mo property income instead of your personal income.
Multi Family
Built in 1860
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06052, New Britain, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,586 (100%) |
| Owner Occupied HU | 1,896 (52.9%) |
| Renter Occupied HU | 1,387 (38.7%) |
| Vacant Housing Units | 303 ( 8.4%) |
| Median Home Value | $305,235 |
| Average Home Value | $368,505 |
Housing Distribution
Address Breakdown
Residential
3,188
Single Family
2,811
Multi-Family
377
Businesses
182
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Listed by: Kristi Del Aguila • ERA Treanor Real Estate
Mls Name: Smart MLS
Mls ID: #24127727