74 Starkweather StreetManchesterCT06042
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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 74 Starkweather Street, Manchester, CT, 06042 offers a 11.68% rental yield on a $335,000 purchase with $3,262/mo rent. Total monthly income registers $3,262/mo, and a $1,640/mo payment leaves $966/mo available for distribution. Annual cash flow reaches $11,595/yr on $111,053 to close, and return on cash invested stands at 30.35% in year one. Equity gained on principal adds $2,162/yr while 5% annual appreciation supports $92,554 over five years. Portfolio math shows five-year ROI at 159.73% and total cumulative return in cash at $177,380. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,262/mo property income against a $1,640/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1897
10,018 sqft lot
$N/A/sqft
No HOA
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Listed by: Ryan J. Brown • Executive Real Estate Inc.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24103635
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