62 Bramblebush RoadManchesterCT06040
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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 Manchester at 62 Bramblebush Road, Manchester, CT, 06040 listed at $484,900 pairs $3,000/mo rent with a $2,373/mo payment. Total monthly income runs $3,000/mo. Return on cash invested measures 17.71% in year one, and rental yield registers 7.42% at a $484,900 basis. Equity gained on principal adds $3,129/yr, and annual property appreciation at 5% supports $133,969 by year five. Five-year ROI tracks 91.86% and total cumulative return in cash totals $147,655. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,000/mo property income relative to a $2,373/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
0.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06040, Manchester, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,411 (100%) |
| Owner Occupied HU | 7,881 (51.1%) |
| Renter Occupied HU | 6,807 (44.2%) |
| Vacant Housing Units | 723 ( 4.7%) |
| Median Home Value | $320,774 |
| Average Home Value | $341,609 |
Housing Distribution
Address Breakdown
Residential
15,428
Single Family
12,785
Multi-Family
2,643
Businesses
1,028
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Listed by: Emilio Mercado • eXp Realty
Mls Name: Smart MLS
Mls ID: #24121488