745 Merrow Rd APT 141, Coventry, CT, 06238 | $924/mo Cash Flow

Off market

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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 Coventry at 745 Merrow Rd APT 141, Coventry, CT, 06238 generates $2,822/mo in rent and, after a $1,151/mo payment, leaves $924/mo in cash flow. Total monthly income is $2,822/mo, and annual cash flow is $11,089/yr on $77,969 invested. Return on cash invested sits at 34.13% in year one, and rental yield is 14.4% on a $235,200 entry. Equity gained on principal adds $1,518/yr, while 5% annual appreciation builds toward $64,981 over five years. Five-year ROI reaches 181.64% and total cumulative return in cash sums $141,619. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,822/mo property income rather than buyer’s personal income.

Townhouse

Built in 1987

N/A lot

$N/A/sqft

$300 monthly HOA