745 Merrow Rd APT 131CoventryCT06238
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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 Coventry at 745 Merrow Rd APT 131, Coventry, CT, 06238 earns from $1,636/mo rent with a $1,125/mo payment. Total monthly income totals $1,636/mo. ROI tracks 15.46% on current figures, and rental yield reads 8.54% at a $229,900 purchase. Equity gained on principal adds $1,484/yr, and 5% annual appreciation supports $63,517 over five years. Five-year ROI reaches 81.84% and total cumulative return in cash sums $62,375. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,636/mo property income instead of your personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
$357 monthly HOA
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Nearby investment properties with comparable prices
Listed by: Lindsey Niarhakos • RE/MAX One
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24084718
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