45 Elm Mdws #45EnfieldCT06082
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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
Investment Highlights
Rental property for sale in Enfield at 45 Elm Mdws #45, Enfield, CT, 06082 priced at $270,000 converts $1,841/mo rent into after a $1,322/mo obligation. Total monthly income equals $1,841/mo. Return on cash invested prints 15.3% in year one, and rental yield reads 8.18% against a $270,000 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,596 by year five. Five-year ROI reaches 80.59% and total cumulative return in cash sums $72,133. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,841/mo property income covering a $1,322/mo payment, not borrower’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
$350 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06082, Enfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,831 (100%) |
| Owner Occupied HU | 12,637 (70.9%) |
| Renter Occupied HU | 4,435 (24.9%) |
| Vacant Housing Units | 759 ( 4.3%) |
| Median Home Value | $293,010 |
| Average Home Value | $335,568 |
Housing Distribution
Address Breakdown
Residential
17,608
Single Family
16,797
Multi-Family
811
Businesses
983
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Listed by: Benjamin Lemieux • eXp Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24090247
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.