39 Bartlett Hollow #39MiddletownCT06457
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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
Rental property for sale in Middletown at 39 Bartlett Hollow #39, Middletown, CT, 06457 generates $2,375/mo in rent, after a $2,809/mo payment. Total monthly income is $2,375/mo. Return on cash invested sits at 10.37% in year one, and rental yield is 4.97% on a $574,000 entry. Equity gained on principal adds $3,704/yr, while 5% annual appreciation builds toward $158,586 over five years. Five-year ROI reaches 52.47% and total cumulative return in cash sums $99,093. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,375/mo property income rather than buyer’s personal income.
Condo
Built in 2014
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06457, Middletown, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,098 (100%) |
| Owner Occupied HU | 11,117 (50.3%) |
| Renter Occupied HU | 9,428 (42.7%) |
| Vacant Housing Units | 1,553 ( 7.0%) |
| Median Home Value | $343,608 |
| Average Home Value | $392,667 |
Housing Distribution
Address Breakdown
Residential
20,793
Single Family
17,574
Multi-Family
3,219
Businesses
1,530
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Listed by: Siobhan McLaughlin Team • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24110428