63 Irving Street,Manchester,CT,06042

Investment Highlights

Rental property for sale in Manchester at 63 Irving Street, Manchester, CT, 06042 priced at $335,000 converts $2,650/mo rent into $374/mo cash flow after a $1,640/mo obligation. Total monthly income equals $2,650/mo, and annual cash flow totals $4,482/yr on $111,053 invested. Return on cash invested prints 23.94% in year one, and rental yield reads 9.49% against a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation compiles into $92,554 by year five. Five-year ROI reaches 125.3% and total cumulative return in cash sums $139,148. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,650/mo property income covering a $1,640/mo payment, not borrower’s personal income.