




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 Coventry at 421 Hemlock Point Drive, Coventry, CT, 06238 with 5% annual appreciation on a $825,000 basis while $3,371/mo rent supports operations. 18% in year one. Equity gained on principal adds $5,324/yr, and five-year appreciation sums $227,932 alongside rental yield of 4.9%. Five-year ROI measures 51.44% and total cumulative return in cash totals $139,629. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,371/mo property income versus a $4,038/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1974
1.10 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-08-28 | Listing removed | $1,200 |
| 2025-08-18 | Price change | $1,200 |
| 2025-08-11 | Price change | $5,400 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-28 | $9725.00 | N/A | $306,400 | N/A |
| 2023-10-28 | $9725.00 | 1.90% | $306,400 | N/A |
| 2022-10-28 | $9544.00 | N/A | $306,400 | N/A |



What's Special
None
Listed by: Amanda Brown • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24104253
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.