80 N Main St UNIT 2KentCT06757
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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 Kent at 80 N Main St UNIT 2, Kent, CT, 06757 generates $4,200/mo in rent and, after a $2,198/mo payment, leaves $799/mo in cash flow. Total monthly income is $4,200/mo, and annual cash flow is $9,587/yr on $148,844 invested. Return on cash invested sits at 26.35% in year one, and rental yield is 11.22% on a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 139.2% and total cumulative return in cash sums $207,184. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,200/mo property income rather than buyer’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
$350 monthly HOA
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Listed by: Stephen Pener • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24080431
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.