367 Lincoln StreetNew BritainCT06052
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 367 Lincoln Street, New Britain, CT, 06052 at $424,900 posts ROI 16.58% with from $2,496/mo rent. Total monthly income equals $2,496/mo. Return on cash invested measures 16.58% and rental yield reads 7.05% at the current $424,900. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,392 by year five. Five-year ROI prints 85.75% and total cumulative return in cash totals $120,789. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,496/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1905
0.31 Acres 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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Nearby investment properties with comparable prices
Listed by: Brent Eckman • Century 21 AllPoints Realty
Mls Name: Smart MLS
Mls ID: #24106780