40 Grove St #B, Manchester, CT, 06042 | $1,012/mo Cash Flow

Off market

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Manchester at 40 Grove St #B, Manchester, CT, 06042 earns $1,012/mo cash flow from $1,962/mo rent with a $684/mo payment. Total monthly income totals $1,962/mo, and annual cash flow totals $12,149/yr on $46,344 capital. ROI tracks 46.12% on current figures, and rental yield reads 16.84% at a $139,800 purchase. Equity gained on principal adds $902/yr, and 5% annual appreciation supports $38,624 over five years. Five-year ROI reaches 244.27% and total cumulative return in cash sums $113,204. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,962/mo property income instead of your personal income.

Condo

Built in 1981

N/A lot

$N/A/sqft

No HOA