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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Total monthly income runs $1,641/mo, and a $1,121/mo payment. Purchase price stands at $229,000, and rental yield measures 8.6% with $1,641/mo rent. Return on cash invested shows 16.9% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 89.08% and total cumulative return in cash records $67,625. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,641/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
$275 monthly HOA
Neighborhood data shown for ZIP Code: 06450, Meriden, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,548 (100%) |
| Owner Occupied HU | 8,633 (55.5%) |
| Renter Occupied HU | 5,916 (38.0%) |
| Vacant Housing Units | 999 ( 6.4%) |
| Median Home Value | $273,744 |
| Average Home Value | $352,363 |
Residential
14,312
Single Family
12,493
Multi-Family
1,819
Businesses
1,173
Date | Event | Price |
|---|---|---|
| 2025-03-31 | Listed for sale | $229,000 |
| 2025-02-07 | Listing removed | $229,000 |
| 2025-02-06 | Listed for sale | $229,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-03 | $2249.00 | 4.36% | $61,950 | N/A |
| 2023-04-03 | $2155.00 | 5.43% | $61,950 | N/A |
| 2022-04-03 | $2044.00 | -24.04% | $61,950 | -5.95% |
What's Special
Access Via Hatch
Listed by: Sandra M. Schede • Maier Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24050391
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.
