56 Elm St APT 12EnfieldCT06082
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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 Enfield at 56 Elm St APT 12, Enfield, CT, 06082 with 5% annual appreciation on a $200,000 basis while $1,645/mo rent supports operations. Total monthly income totals $1,645/mo and a $979/mo payment preserves $16/mo for cash returns. Annual cash flow comes to $192/yr on $66,300 deployed, and return on cash invested reaches 20.2% in year one. Equity gained on principal adds $1,291/yr, and five-year appreciation sums $55,256 alongside rental yield of 9.87%. Five-year ROI measures 106.96% and total cumulative return in cash totals $70,916.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,645/mo property income versus a $979/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1973
N/A lot
$N/A/sqft
$270 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06082, Enfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,831 (100%) |
| Owner Occupied HU | 12,637 (70.9%) |
| Renter Occupied HU | 4,435 (24.9%) |
| Vacant Housing Units | 759 ( 4.3%) |
| Median Home Value | $293,010 |
| Average Home Value | $335,568 |
Housing Distribution
Address Breakdown
Residential
17,608
Single Family
16,797
Multi-Family
811
Businesses
983
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Listed by: Team Rovi • Real Broker CT, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24086745
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.