38 Eastgate LaneEnfieldCT06082
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 Enfield at 38 Eastgate Lane, Enfield, CT, 06082 at $399,900 posts ROI 27.49% with $837/mo cash flow from $3,554/mo rent. Total monthly income equals $3,554/mo, and annual cash flow records $10,046/yr on $132,567 to close. Return on cash invested measures 27.49% and rental yield reads 10.66% at the current $399,900. Equity gained on principal adds $2,580/yr, and 5% annual appreciation supports $110,485 by year five. Five-year ROI prints 144.29% and total cumulative return in cash totals $191,276.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,554/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1971
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06082, Enfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,831 (100%) |
| Owner Occupied HU | 12,637 (70.9%) |
| Renter Occupied HU | 4,435 (24.9%) |
| Vacant Housing Units | 759 ( 4.3%) |
| Median Home Value | $293,010 |
| Average Home Value | $335,568 |
Housing Distribution
Address Breakdown
Residential
17,608
Single Family
16,797
Multi-Family
811
Businesses
983
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Nearby investment properties with comparable prices
Listed by: Christopher W. Hull • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24152697