745 Merrow Road APT 102, Coventry, CT, 06238 | $68/mo Cash Flow

For Sale

Ziffy Mortgage

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

Investment property for sale in Coventry at 745 Merrow Road APT 102, Coventry, CT, 06238 uses $76,212 cash to close to unlock $818/yr annual cash flow and $68/mo monthly cash flow. Total monthly income runs $1,630/mo, and a $1,125/mo payment keeps the spread at $68/mo. Purchase price stands at $229,900, and rental yield measures 8.51% with $1,630/mo rent. Return on cash invested shows 20.98% in year one, and 5% annual appreciation builds toward $63,517 over five years. Five-year ROI reaches 109.43% and total cumulative return in cash records $83,399. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,630/mo property income covering a $1,125/mo payment rather than investor’s personal income.

Condo

Built in 1987

N/A lot

$N/A/sqft

No HOA