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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Middletown at 45 Serra Drive, Middletown, CT, 06457 offers a 7.07% rental yield on a $660,000 purchase with $3,887/mo rent. 29% in year one. Equity gained on principal adds $4,259/yr while 5% annual appreciation supports $182,346 over five years. Portfolio math shows five-year ROI at 84.37% and total cumulative return in cash at $183,201. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,887/mo property income against a $3,230/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06457, Middletown, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,098 (100%) |
| Owner Occupied HU | 11,117 (50.3%) |
| Renter Occupied HU | 9,428 (42.7%) |
| Vacant Housing Units | 1,553 ( 7.0%) |
| Median Home Value | $343,608 |
| Average Home Value | $392,667 |
Residential
20,793
Single Family
17,574
Multi-Family
3,219
Businesses
1,530
Date | Event | Price |
|---|---|---|
| 2025-07-28 | Sold | $660,000 |
| 2025-06-25 | Pending sale | $599,900 |
| 2025-06-23 | Listed for sale | $599,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-05 | $12778.00 | 4.84% | $347,240 | N/A |
| 2023-11-05 | $12188.00 | 3.37% | $347,240 | 29.58% |
| 2022-11-05 | $11791.00 | N/A | $267,970 | N/A |
What's Special
Access Via Hatch
Listed by: Nicole M. Defrancesco • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24105453
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.
