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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 Andover at 5 Mathieson Dr, Andover, CT, 06232 offers $2,836/mo rent that, after a $1,933/mo payment, leaves $153/mo cash flow. Total monthly income is $2,836/mo, and annual cash flow is $1,830/yr on $130,943 cash. Return on cash invested measures 21.31% in year one, and rental yield stands at 8.62% at a $395,000 entry. Equity gained on principal adds $2,549/yr while 5% annual appreciation compounds into $109,131 by year five. Five-year ROI records 111.13% and total cumulative return in cash reaches $145,518. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,836/mo property income versus a $1,933/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06232, Andover, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,300 (100%) |
| Owner Occupied HU | 1,107 (85.2%) |
| Renter Occupied HU | 151 (11.6%) |
| Vacant Housing Units | 42 ( 3.2%) |
| Median Home Value | $398,640 |
| Average Home Value | $458,295 |
Residential
1,270
Single Family
1,247
Multi-Family
23
Businesses
61
Date | Event | Price |
|---|---|---|
| 2025-04-25 | Price change | $395,000 |
| 2025-04-19 | Pending sale | $364,900 |
| 2025-04-12 | Listed for sale | $364,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-29 | $4543.00 | 0.53% | $144,410 | N/A |
| 2023-04-29 | $4519.00 | -1.93% | $144,410 | N/A |
| 2022-04-29 | $4608.00 | 2.08% | $144,410 | 15.16% |
What's Special
Walk-up
Listed by: Linda Edelwich Team • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24090932
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.
