8 Heritage Sq #BMansfieldCT06250
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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
Rental property for sale in Mansfield at 8 Heritage Sq #B, Mansfield, CT, 06250 offers $2,598/mo rent that, after a $1,463/mo payment, leaves $146/mo cash flow. Total monthly income is $2,598/mo, and annual cash flow is $1,751/yr on $99,119 cash. Return on cash invested measures 21.68% in year one, and rental yield stands at 10.43% at a $299,000 entry. Equity gained on principal adds $1,929/yr while 5% annual appreciation compounds into $82,608 by year five. Five-year ROI records 114.94% and total cumulative return in cash reaches $113,926. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,598/mo property income versus a $1,463/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1986
N/A lot
$N/A/sqft
$421 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06250, Mansfield Center, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,345 (100%) |
| Owner Occupied HU | 1,631 (69.6%) |
| Renter Occupied HU | 571 (24.3%) |
| Vacant Housing Units | 143 ( 6.1%) |
| Median Home Value | $330,451 |
| Average Home Value | $369,027 |
Housing Distribution
Address Breakdown
Residential
2,137
Single Family
2,136
Multi-Family
1
Businesses
161
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Listed by: Heather Meehan • Meehan & Daughters Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24042205
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.