46 Lakeshore DriveNew HartfordCT06057
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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 New Hartford at 46 Lakeshore Drive, New Hartford, CT, 06057 offers $1,800/mo rent that, after a $2,080/mo payment. Total monthly income is $1,800/mo. Return on cash invested measures 10.65% in year one, and rental yield stands at 5.08% at a $425,000 entry. Equity gained on principal adds $2,742/yr while 5% annual appreciation compounds into $117,420 by year five. Five-year ROI records 53.98% and total cumulative return in cash reaches $76,049. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,800/mo property income versus a $2,080/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06057, New Hartford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,904 (100%) |
| Owner Occupied HU | 2,295 (79.0%) |
| Renter Occupied HU | 327 (11.3%) |
| Vacant Housing Units | 282 ( 9.7%) |
| Median Home Value | $405,658 |
| Average Home Value | $434,193 |
Housing Distribution
Address Breakdown
Residential
2,534
Single Family
2,387
Multi-Family
147
Businesses
171
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Listed by: Jacob Palmer • KW Legacy Partners
Mls Name: Smart MLS
Mls ID: #24152124