46 Edgewood Street APT 2, Stafford Springs, CT, 06076 | $153/mo Cash Flow

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46 Edgewood Street APT 2, Stafford Springs, CT, 06076 | $153/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

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 Stafford Springs at 46 Edgewood Street APT 2, Stafford Springs, CT, 06076 listed at $260,000 pairs $1,920/mo rent with a $1,273/mo payment to leave $153/mo cash flow. Total monthly income runs $1,920/mo, and annual cash flow reaches $1,836/yr on $86,190 cash to close. Return on cash invested measures 22.04% in year one, and rental yield registers 8.86% at a $260,000 basis. Equity gained on principal adds $1,678/yr, and annual property appreciation at 5% supports $71,833 by year five. Five-year ROI tracks 115.05% and total cumulative return in cash totals $99,161. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,920/mo property income relative to a $1,273/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 1940

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to 46 Edgewood Street, Unit 2 in Stafford! A rare find offering 3 bedrooms, 3 full bathrooms, and a 2 car garage with new doors, new garage openers, new garage keypad entry, and new mechanisms. This unit is semi-detached to unique two unit house on a corner area of the property providing additional privacy. This well-maintained home features mudroom entry leading to an open layout of the kitchen and dining room with fantastic living space and flow. Step out onto the private screened-in porch - the perfect place to relax and unwind. The unit offers all new exterior doors and thermal windows, ensuring comfort, energy efficiency, and peace of mind. The basement offers room for lots of storage. The features of living in this unit offer comfort and privacy. Please submit offers on GHAR Contract with Proof Of Funds Lender Pre-Approval Letter in One (1) Single PDF File.

Neighborhood Data

Neighborhood data shown for ZIP Code: 06076, Stafford Springs, CT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,574 (100%)
Owner Occupied HU	3,900 (70.0%)
Renter Occupied HU	1,223 (21.9%)
Vacant Housing Units	451 ( 8.1%)
Median Home Value	$295,978
Average Home Value	$378,008