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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Meriden at 66 S 3rd St, Meriden, CT, 06451 priced at $294,000 pairs $3,904/mo rent with $1,900/mo cash flow after a $1,439/mo payment. Total monthly income equals $3,904/mo, and annual cash flow comes to $22,800/yr on $97,461 invested. Return on cash invested is 43.3% in year one, and rental yield stands at 15.93% on a $294,000 basis. Equity gained on principal adds $1,897/yr, and 5% annual appreciation accumulates to $81,227 by year five. Five-year ROI measures 229.16% and total cumulative return in cash reaches $223,344. For financing, Ziffy Mortgage’s DSCR program evaluates $3,904/mo property income against a $1,439/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1890
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06451, Meriden, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,791 (100%) |
| Owner Occupied HU | 5,691 (52.7%) |
| Renter Occupied HU | 4,353 (40.3%) |
| Vacant Housing Units | 747 ( 6.9%) |
| Median Home Value | $277,449 |
| Average Home Value | $337,992 |
Residential
9,464
Single Family
8,427
Multi-Family
1,037
Businesses
491
Date | Event | Price |
|---|---|---|
| 2025-09-01 | Listing removed | $299,000 |
| 2025-08-06 | Price change | $299,000 |
| 2025-06-26 | Price change | $325,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-10 | $5311.00 | 3.75% | $137,900 | N/A |
| 2023-10-10 | $5119.00 | 6.01% | $137,900 | N/A |
| 2022-10-10 | $4829.00 | 19.80% | $137,900 | 48.90% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
