56 Elizabeth DriveManchesterCT06042







Nearby investment properties with comparable rents
Nearby investment properties with comparable prices

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 56 Elizabeth Drive, Manchester, CT, 06042 offers $3,496/mo rent that, after a $1,810/mo payment, leaves $983/mo cash flow. Total monthly income is $3,496/mo, and annual cash flow is $11,798/yr on $122,622 cash. Return on cash invested measures 29.53% in year one, and rental yield stands at 11.34% at a $369,900 entry. Equity gained on principal adds $2,387/yr while 5% annual appreciation compounds into $102,197 by year five. Five-year ROI records 155.26% and total cumulative return in cash reaches $190,378. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,496/mo property income versus a $1,810/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
0.27 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices



Listed by: Geoff Luxenberg • Century 21 Classic Homes
Mls Name: Smart MLS
Mls ID: #24121787








