61 Fairview AvenueEnfieldCT06082
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 Enfield at 61 Fairview Avenue, Enfield, CT, 06082 offers $1,662/mo rent that, after a $1,199/mo payment. Total monthly income is $1,662/mo. Return on cash invested measures 19.87% in year one, and rental yield stands at 8.14% at a $245,000 entry. Equity gained on principal adds $1,581/yr while 5% annual appreciation compounds into $67,689 by year five. Five-year ROI records 103.46% and total cumulative return in cash reaches $84,024. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,662/mo property income versus a $1,199/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
7,405 sqft lot
$N/A/sqft
No 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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Nearby investment properties with comparable prices
Listed by: Dawn Ezold • Naples Realty Group, LLC
Mls Name: Smart MLS
Mls ID: #24148175