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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in New Britain at 39 Cornwall Rd, New Britain, CT, 06052 with 5% annual appreciation on a $419,000 basis while $2,827/mo rent supports operations. 16% in year one. Equity gained on principal adds $2,704/yr, and five-year appreciation sums $115,762 alongside rental yield of 8.1%. Five-year ROI measures 99.8% and total cumulative return in cash totals $138,617. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,827/mo property income versus a $2,051/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06052, New Britain, CT area.
| 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 |
Residential
3,188
Single Family
2,811
Multi-Family
377
Businesses
182
Date | Event | Price |
|---|---|---|
| 2024-09-05 | Listing removed | $425,000 |
| 2024-08-23 | Listed for sale | $425,000 |
| 2024-04-20 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-18 | $8261.00 | 3.42% | $208,670 | N/A |
| 2023-03-18 | $7988.00 | 16.09% | $208,670 | 50.10% |
| 2022-03-18 | $6881.00 | N/A | $139,020 | N/A |
What's Special
Access Via Hatch
Listed by: Burgio Sousa Team at William Raveis Real Estate • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24080017
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.
