80 Ambassador Dr UNIT BManchesterCT06042
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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 Manchester at 80 Ambassador Dr UNIT B, Manchester, CT, 06042 priced at $275,000 converts $2,579/mo rent into $305/mo cash flow after a $1,346/mo obligation. Total monthly income equals $2,579/mo, and annual cash flow totals $3,654/yr on $91,163 invested. Return on cash invested prints 23.92% in year one, and rental yield reads 11.25% against a $275,000 entry. Equity gained on principal adds $1,775/yr, while 5% annual appreciation compiles into $75,977 by year five. Five-year ROI reaches 127.08% and total cumulative return in cash sums $115,847. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,579/mo property income covering a $1,346/mo payment, not borrower’s personal income.
Condo
Built in 1973
N/A lot
$N/A/sqft
$406 monthly HOA
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Listed by: Kayla Suprin • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24084003
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