50 North StreetManchesterCT06042
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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
Investment property for sale in Manchester at 50 North Street, Manchester, CT, 06042 offers a 4.05% rental yield on a $575,000 purchase with $1,942/mo rent. 6% in year one. Equity gained on principal adds $3,710/yr while 5% annual appreciation supports $158,862 over five years. Portfolio math shows five-year ROI at 37.6% and total cumulative return in cash at $71,123. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,942/mo property income against a $2,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
10,018 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: The Hometown Team of Coldwell Banker Realty • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24098468
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