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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% |
Rental property for sale in Middletown at 46 Middlefield Street, Middletown, CT, 06457 generates $2,182/mo in rent and, after a $1,224/mo payment, leaves $391/mo in cash flow. Total monthly income is $2,182/mo, and annual cash flow is $4,688/yr on $82,875 invested. Return on cash invested sits at 25.57% in year one, and rental yield is 10.47% on a $250,000 entry. Equity gained on principal adds $1,613/yr, while 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 134.46% and total cumulative return in cash sums $111,430. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,182/mo property income rather than buyer’s personal income.
Single Family
Built in 1912
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 |
|---|---|---|
| 2025-05-27 | Listed for sale | $250,000 |
| 2024-02-27 | Sold | $195,000 |
| 2024-02-21 | Pending sale | $179,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-30 | $5558.00 | 3.79% | $151,040 | -1.00% |
| 2023-05-30 | $5355.00 | 15.36% | $152,560 | 44.61% |
| 2022-05-30 | $4642.00 | N/A | $105,500 | N/A |
What's Special
Floored,Walk-up
Listed by: Frank Balisciano • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24098189
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.
