994 Boston Turnpike, Coventry, CT, 06238 | $630/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Coventry at 994 Boston Turnpike, Coventry, CT, 06238 offers a 10.71% rental yield on a $295,900 purchase with $2,640/mo rent. Total monthly income registers $2,640/mo, and a $1,448/mo payment leaves $630/mo available for distribution. Annual cash flow reaches $7,557/yr on $98,091 to close, and return on cash invested stands at 27.61% in year one. Equity gained on principal adds $1,909/yr while 5% annual appreciation supports $81,752 over five years. Portfolio math shows five-year ROI at 144.94% and total cumulative return in cash at $142,173. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,640/mo property income against a $1,448/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1810

2.25 Acres lot

$N/A/sqft

No HOA