53 Stonecroft LaneCoventryCT06238
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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 Coventry at 53 Stonecroft Lane, Coventry, CT, 06238 priced at $556,595 converts $4,414/mo rent into $632/mo cash flow after a $2,724/mo obligation. Total monthly income equals $4,414/mo, and annual cash flow totals $7,590/yr on $183,120 invested. Return on cash invested prints 24.2% in year one, and rental yield reads 9.52% against a $556,595 entry. Equity gained on principal adds $3,592/yr, while 5% annual appreciation compiles into $153,777 by year five. Five-year ROI reaches 126.65% and total cumulative return in cash sums $231,916. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,414/mo property income covering a $2,724/mo payment, not borrower’s personal income.
Single Family
Built in 2002
0.88 Acres lot
$N/A/sqft
No HOA
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Listed by: Carol Ledger • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24118513
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