48 Lakeview DriveCoventryCT06238








Nearby investment properties with comparable rents
Nearby investment properties with comparable prices

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
Investment property for sale in Coventry at 48 Lakeview Drive, Coventry, CT, 06238 with 5% annual appreciation on a $264,900 basis while $2,760/mo rent supports operations. Total monthly income totals $2,760/mo and a $1,297/mo payment preserves $960/mo for cash returns. Annual cash flow comes to $11,516/yr on $87,814 deployed, and return on cash invested reaches 33.02% in year one. Equity gained on principal adds $1,709/yr, and five-year appreciation sums $73,187 alongside rental yield of 12.5%. Five-year ROI measures 173.98% and total cumulative return in cash totals $152,780.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,760/mo property income versus a $1,297/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1945
6,098 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: Matthew Soares • RE/MAX Legends
Mls Name: Smart MLS
Mls ID: #24096317








