389 The Mdws #389EnfieldCT06082
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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 Enfield at 389 The Mdws #389, Enfield, CT, 06082 earns $196/mo cash flow from $2,723/mo rent with a $1,566/mo payment. Total monthly income totals $2,723/mo, and annual cash flow totals $2,354/yr on $106,047 capital. ROI tracks 22.13% on current figures, and rental yield reads 10.21% at a $319,900 purchase. Equity gained on principal adds $2,064/yr, and 5% annual appreciation supports $88,382 over five years. Five-year ROI reaches 117.02% and total cumulative return in cash sums $124,100. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,723/mo property income instead of your personal income.
Condo
Built in 1985
N/A lot
$N/A/sqft
$353 monthly 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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Listed by: Team Rio of Executive Real Estate • Executive Real Estate Inc.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24089352
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.