8 Hickory Hill RoadNew BritainCT06052
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
Investment property for sale in New Britain at 8 Hickory Hill Road, New Britain, CT, 06052 at $369,900 posts ROI 28.38% with $865/mo cash flow from $3,378/mo rent. Total monthly income equals $3,378/mo, and annual cash flow records $10,382/yr on $122,622 to close. Return on cash invested measures 28.38% and rental yield reads 10.96% at the current $369,900. Equity gained on principal adds $2,387/yr, and 5% annual appreciation supports $102,197 by year five. Five-year ROI prints 149.06% and total cumulative return in cash totals $182,782.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,378/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1953
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06052, New Britain, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,586 (100%) |
| Owner Occupied HU | 1,896 (52.9%) |
| Renter Occupied HU | 1,387 (38.7%) |
| Vacant Housing Units | 303 ( 8.4%) |
| Median Home Value | $305,235 |
| Average Home Value | $368,505 |
Housing Distribution
Address Breakdown
Residential
3,188
Single Family
2,811
Multi-Family
377
Businesses
182
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Listed by: Ronald T. Forcier • Century 21 AllPoints Realty
Mls Name: Smart MLS
Mls ID: #24143141