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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% |
Investment property for sale in Middletown at 53 Princeton Drive, Middletown, CT, 06457 with 5% annual appreciation on a $495,000 basis while $3,628/mo rent supports operations. Total monthly income totals $3,628/mo and a $2,423/mo payment preserves $160/mo for cash returns. Annual cash flow comes to $1,921/yr on $164,093 deployed, and return on cash invested reaches 21.08% in year one. Equity gained on principal adds $3,194/yr, and five-year appreciation sums $136,759 alongside rental yield of 8.8%. Five-year ROI measures 110.2% and total cumulative return in cash totals $180,838.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,628/mo property income versus a $2,423/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1991
0.83 Acres lot
$N/A/sqft
$50 annually 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 |
|---|---|---|
| 2025-08-27 | Sold | $495,000 |
| 2025-07-22 | Price change | $510,000 |
| 2025-07-12 | Listed for sale | $535,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-15 | $10013.00 | 4.85% | $272,090 | N/A |
| 2023-10-15 | $9550.00 | 7.07% | $272,090 | 34.23% |
| 2022-10-15 | $8919.00 | 0.61% | $202,700 | 0.61% |
What's Special
Crawl Space,Access Via Hatch
Listed by: Mallorie Dorflinger • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24109196
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.
