61 Elm StreetEast WindsorCT06088
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
Investment property for sale in East Windsor at 61 Elm Street, East Windsor, CT, 06088 uses $54,698 cash to close to unlock $1,446/yr annual cash flow and $121/mo monthly cash flow. Total monthly income runs $1,242/mo, and a $808/mo payment keeps the spread at $121/mo. Purchase price stands at $165,000, and rental yield measures 9.03% with $1,242/mo rent. Return on cash invested shows 22.55% in year one, and 5% annual appreciation builds toward $45,586 over five years. Five-year ROI reaches 117.83% and total cumulative return in cash records $64,451. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,242/mo property income covering a $808/mo payment rather than investor’s personal income.
Manufactured
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06088, East Windsor, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,555 (100%) |
| Owner Occupied HU | 1,523 (59.6%) |
| Renter Occupied HU | 877 (34.3%) |
| Vacant Housing Units | 155 ( 6.1%) |
| Median Home Value | $275,691 |
| Average Home Value | $320,980 |
Housing Distribution
Address Breakdown
Residential
2,326
Single Family
2,243
Multi-Family
83
Businesses
513
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lori J. Kroh • Century 21 AllPoints Realty
Mls Name: Smart MLS
Mls ID: #24109667