41 Babcock Hill RoadCoventryCT06238
Nearby investment properties with comparable rents
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 Coventry at 41 Babcock Hill Road, Coventry, CT, 06238 offers $2,650/mo rent that, after a $1,738/mo payment, leaves $238/mo cash flow. Total monthly income is $2,650/mo, and annual cash flow is $2,850/yr on $117,683 cash. Return on cash invested measures 22.33% in year one, and rental yield stands at 8.96% at a $355,000 entry. Equity gained on principal adds $2,291/yr while 5% annual appreciation compounds into $98,080 by year five. Five-year ROI records 116.64% and total cumulative return in cash reaches $137,268. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,650/mo property income versus a $1,738/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
12.99 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lindsey Niarhakos • RE/MAX One
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24120348
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.