75 Cornell DriveEnfieldCT06082
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Enfield at 75 Cornell Drive, Enfield, CT, 06082 generates $3,148/mo in rent and, after a $1,517/mo payment, leaves $970/mo in cash flow. Total monthly income is $3,148/mo, and annual cash flow is $11,642/yr on $102,765 invested. Return on cash invested sits at 31.24% in year one, and rental yield is 12.19% on a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation builds toward $85,647 over five years. Five-year ROI reaches 164.71% and total cumulative return in cash sums $169,267. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,148/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06082, Enfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 17,831 (100%) |
| Owner Occupied HU | 12,637 (70.9%) |
| Renter Occupied HU | 4,435 (24.9%) |
| Vacant Housing Units | 759 ( 4.3%) |
| Median Home Value | $293,010 |
| Average Home Value | $335,568 |
Housing Distribution
Address Breakdown
Residential
17,608
Single Family
16,797
Multi-Family
811
Businesses
983
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Timothy P. Callahan • BHHS Realty Professionals
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24129708
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.