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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Coventry at 745 Merrow Road APT 113, Coventry, CT, 06238 uses $81,881 cash to close to unlock $8,132/yr annual cash flow and $678/mo monthly cash flow. Total monthly income runs $2,767/mo, and a $1,209/mo payment keeps the spread at $678/mo. Purchase price stands at $247,000, and rental yield measures 13.44% with $2,767/mo rent. Return on cash invested shows 29.84% in year one, and 5% annual appreciation builds toward $68,242 over five years. Five-year ROI reaches 159.09% and total cumulative return in cash records $130,264. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,767/mo property income covering a $1,209/mo payment rather than investor’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
$411 monthly HOA
Date | Event | Price |
|---|---|---|
| 2025-06-18 | Sold | $247,000 |
| 2025-06-11 | Pending sale | $234,900 |
| 2025-05-19 | Listed for sale | $234,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2025-11-02 | $2520.00 | N/A | $79,400 | N/A |
| 2024-11-02 | $2520.00 | N/A | $79,400 | N/A |
| 2023-11-02 | $2520.00 | 1.90% | $79,400 | N/A |
What's Special
Access Via Hatch
Listed by: Dee Hasuly • KW Legacy Partners
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24096927
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