71 Whitney RoadManchesterCT06040
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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 Manchester at 71 Whitney Road, Manchester, CT, 06040 at $305,000 posts ROI 29.59% with $816/mo cash flow from $2,888/mo rent. Total monthly income equals $2,888/mo, and annual cash flow records $9,786/yr on $101,108 to close. Return on cash invested measures 29.59% and rental yield reads 11.36% at the current $305,000. Equity gained on principal adds $1,968/yr, and 5% annual appreciation supports $84,266 by year five. Five-year ROI prints 155.56% and total cumulative return in cash totals $157,282.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,888/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1941
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06040, Manchester, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,411 (100%) |
| Owner Occupied HU | 7,881 (51.1%) |
| Renter Occupied HU | 6,807 (44.2%) |
| Vacant Housing Units | 723 ( 4.7%) |
| Median Home Value | $320,774 |
| Average Home Value | $341,609 |
Housing Distribution
Address Breakdown
Residential
15,428
Single Family
12,785
Multi-Family
2,643
Businesses
1,028
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Listed by: Anam Zafar • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24119295
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.