78 Pershing AveNew BritainCT06053
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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 New Britain at 78 Pershing Ave, New Britain, CT, 06053 listed at $151,690 pairs $3,293/mo rent with a $742/mo payment to leave $1,987/mo cash flow. Total monthly income runs $3,293/mo, and annual cash flow reaches $23,848/yr on $50,285 cash to close. Return on cash invested measures 67.33% in year one, and rental yield registers 26.05% at a $151,690 basis. Equity gained on principal adds $979/yr, and annual property appreciation at 5% supports $41,909 by year five. Five-year ROI tracks 360.41% and total cumulative return in cash totals $181,233. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,293/mo property income relative to a $742/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1953
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06053, New Britain, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,776 (100%) |
| Owner Occupied HU | 6,790 (46.0%) |
| Renter Occupied HU | 7,041 (47.7%) |
| Vacant Housing Units | 945 ( 6.4%) |
| Median Home Value | $239,929 |
| Average Home Value | $277,573 |
Housing Distribution
Address Breakdown
Residential
13,907
Single Family
11,194
Multi-Family
2,713
Businesses
444
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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