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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 Coventry at 71 Standish Rd, Coventry, CT, 06238 priced at $585,000 pairs $2,006/mo rent with after a $2,863/mo payment. Total monthly income equals $2,006/mo. Return on cash invested is 7.79% in year one, and rental yield stands at 4.11% on a $585,000 basis. Equity gained on principal adds $3,775/yr, and 5% annual appreciation accumulates to $161,625 by year five. Five-year ROI measures 38.61% and total cumulative return in cash reaches $74,310. For financing, Ziffy Mortgage’s DSCR program evaluates $2,006/mo property income against a $2,863/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1940
0.63 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2024-10-11 | Listed for sale | $585,000 |
| 2020-10-09 | Sold | $450,000 |
| 2020-07-29 | Pending sale | $480,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $8567.00 | 1.90% | $269,900 | N/A |
| 2022-10-15 | $8407.00 | N/A | $269,900 | N/A |
| 2021-10-15 | $8407.00 | -0.07% | $269,900 | N/A |
What's Special
None
Listed by: Team Rio of Executive Real Estate • Executive Real Estate Inc.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24052534
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.
