58 Candide LaneMansfieldCT06268
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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 Mansfield at 58 Candide Lane, Mansfield, CT, 06268 uses $111,782 cash to close to unlock $1,204/yr annual cash flow and $100/mo monthly cash flow. Total monthly income runs $2,391/mo, and a $1,650/mo payment keeps the spread at $100/mo. Purchase price stands at $337,200, and rental yield measures 8.51% with $2,391/mo rent. Return on cash invested shows 20.99% in year one, and 5% annual appreciation builds toward $93,162 over five years. Five-year ROI reaches 109.44% and total cumulative return in cash records $122,331. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,391/mo property income covering a $1,650/mo payment rather than investor’s personal income.
Single Family
Built in 1971
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06268, Storrs Mansfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,614 (100%) |
| Owner Occupied HU | 2,028 (44.0%) |
| Renter Occupied HU | 2,071 (44.9%) |
| Vacant Housing Units | 515 (11.2%) |
| Median Home Value | $362,124 |
| Average Home Value | $387,401 |
Housing Distribution
Address Breakdown
Residential
4,325
Single Family
3,472
Multi-Family
853
Businesses
266
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Listed by: Sherry Price • Realhome Services & Solutions
Mls Name: Smart MLS
Mls ID: #24125936