40 Gilbert StNew BritainCT06051








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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
Rental property for sale in New Britain at 40 Gilbert St, New Britain, CT, 06051 priced at $207,200 pairs $2,527/mo rent with $1,040/mo cash flow after a $1,014/mo payment. Total monthly income equals $2,527/mo, and annual cash flow comes to $12,481/yr on $68,687 invested. Return on cash invested is 38.08% in year one, and rental yield stands at 14.64% on a $207,200 basis. Equity gained on principal adds $1,337/yr, and 5% annual appreciation accumulates to $57,246 by year five. Five-year ROI measures 201.65% and total cumulative return in cash reaches $138,504. For financing, Ziffy Mortgage’s DSCR program evaluates $2,527/mo property income against a $1,014/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1900
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06051, New Britain, CT area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
12,551
Single Family
9,279
Multi-Family
3,272
Businesses
762
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Listed by: N/A • N/A
Mls Name: William Raveis Real Estate, Mortgage & Insurance
Mls Provider:
Mls ID: #24103803








