Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in New Britain at 38 Ledgecrest Avenue, New Britain, CT, 06051 priced at $284,900 pairs $2,648/mo rent with $713/mo cash flow after a $1,394/mo payment. Total monthly income equals $2,648/mo, and annual cash flow comes to $8,552/yr on $94,444 invested. Return on cash invested is 28.96% in year one, and rental yield stands at 11.15% on a $284,900 basis. Equity gained on principal adds $1,838/yr, and 5% annual appreciation accumulates to $78,713 by year five. Five-year ROI measures 152.22% and total cumulative return in cash reaches $143,759. For financing, Ziffy Mortgage’s DSCR program evaluates $2,648/mo property income against a $1,394/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1927
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06051, New Britain, CT area.
| 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 |
Residential
12,551
Single Family
9,279
Multi-Family
3,272
Businesses
762
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Silvestro Difusco • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24126553
