527 Hilliard Street #BManchesterCT06042
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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 Manchester at 527 Hilliard Street #B, Manchester, CT, 06042 priced at $219,900 converts $2,176/mo rent into $485/mo cash flow after a $1,076/mo obligation. Total monthly income equals $2,176/mo, and annual cash flow totals $5,822/yr on $72,897 invested. Return on cash invested prints 27.9% in year one, and rental yield reads 11.87% against a $219,900 entry. Equity gained on principal adds $1,419/yr, while 5% annual appreciation compiles into $60,754 by year five. Five-year ROI reaches 147.7% and total cumulative return in cash sums $107,668. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,176/mo property income covering a $1,076/mo payment, not borrower’s personal income.
Condo
Built in 1969
N/A lot
$N/A/sqft
$197 monthly HOA
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Listed by: Kamil Andrukiewicz • New Haus Group LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24127781
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