




A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Middletown at 64 Andrew Street, Middletown, CT, 06457 listed at $395,000 pairs $4,240/mo rent with a $1,933/mo payment to leave $1,557/mo cash flow. Total monthly income runs $4,240/mo, and annual cash flow reaches $18,678/yr on $130,943 cash to close. Return on cash invested measures 34.17% in year one, and rental yield registers 12.88% at a $395,000 basis. Equity gained on principal adds $2,549/yr, and annual property appreciation at 5% supports $109,131 by year five. Five-year ROI tracks 180.13% and total cumulative return in cash totals $235,866. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,240/mo property income relative to a $1,933/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06457, Middletown, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22,098 (100%) |
| Owner Occupied HU | 11,117 (50.3%) |
| Renter Occupied HU | 9,428 (42.7%) |
| Vacant Housing Units | 1,553 ( 7.0%) |
| Median Home Value | $343,608 |
| Average Home Value | $392,667 |
Residential
20,793
Single Family
17,574
Multi-Family
3,219
Businesses
1,530
Date | Event | Price |
|---|---|---|
| 2025-08-19 | Sold | $395,000 |
| 2025-08-01 | Pending sale | $379,900 |
| 2025-07-28 | Listed for sale | $379,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-29 | $6570.00 | 5.36% | $185,530 | N/A |
| 2023-10-29 | $6236.00 | 16.32% | $185,530 | 42.78% |
| 2022-10-29 | $5361.00 | 0.45% | $129,940 | N/A |



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Access Via Hatch
Listed by: Kathy L. Dell'Aquila • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24114808
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.