668 Middle TurnpikeMansfieldCT06268
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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 Mansfield at 668 Middle Turnpike, Mansfield, CT, 06268 earns $1,244/mo cash flow from $4,470/mo rent with a $2,324/mo payment. Total monthly income totals $4,470/mo, and annual cash flow totals $14,924/yr on $157,429 capital. ROI tracks 29.39% on current figures, and rental yield reads 11.3% at a $474,900 purchase. Equity gained on principal adds $3,064/yr, and 5% annual appreciation supports $131,206 over five years. Five-year ROI reaches 154.46% and total cumulative return in cash sums $243,167. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,470/mo property income instead of your personal income.
Single Family
Built in 1830
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06268, Storrs Mansfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,614 (100%) |
| Owner Occupied HU | 2,028 (44.0%) |
| Renter Occupied HU | 2,071 (44.9%) |
| Vacant Housing Units | 515 (11.2%) |
| Median Home Value | $362,124 |
| Average Home Value | $387,401 |
Housing Distribution
Address Breakdown
Residential
4,325
Single Family
3,472
Multi-Family
853
Businesses
266
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Nearby investment properties with comparable prices
Listed by: Michael Monteiro • Ascend Realty LLC
Mls Name: Smart MLS
Mls ID: #24142888