7 Doris Street, New Britain, CT, 06053 | $465/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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7 Doris Street, New Britain, CT, 06053 | $465/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in New Britain at 7 Doris Street, New Britain, CT, 06053 offers $3,420/mo rent that, after a $2,129/mo payment, leaves $465/mo cash flow. Total monthly income is $3,420/mo, and annual cash flow is $5,574/yr on $144,203 cash. Return on cash invested measures 23.77% in year one, and rental yield stands at 9.43% at a $435,000 entry. Equity gained on principal adds $2,807/yr while 5% annual appreciation compounds into $120,182 by year five. Five-year ROI records 124.38% and total cumulative return in cash reaches $179,364. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,420/mo property income versus a $2,129/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Multi Family

Built in 1968

6,969 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming Multi-Generational 2-Family Home - A Rare Find! This well-maintained brick-front home offers the perfect setup for multi-generational living or investment opportunity. Officially listed as a 2-family, the home features hardwood floors throughout, central A/C in both units, and three cozy wood-burning fireplaces. The first-floor unit offers 3 spacious bedrooms and 2 full baths, while the second-floor unit includes 2 bedrooms and 1 full bath. Each has private entrances, laundry hookups, and separate electric for added convenience. Nestled on a raised lot with great curb appeal, the home boasts a partially fenced-in backyard, a two-car garage, and ample driveway parking. Enjoy peace of mind with separate electrical systems and shared natural gas baseboard heating to complement those fireplace-lit winter evenings. Lovingly cared for by its original owner and currently used as a multi-generational compound, this unique property is ready for its next chapter. Don't miss your chance to own this versatile and inviting home!

Neighborhood Data

Neighborhood data shown for ZIP Code: 06053, New Britain, CT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	14,776 (100%)
Owner Occupied HU	6,790 (46.0%)
Renter Occupied HU	7,041 (47.7%)
Vacant Housing Units	945 ( 6.4%)
Median Home Value	$239,929
Average Home Value	$277,573