115 Kensington Ave, Meriden, CT 06451

2 bd · 1 ba · 1,000 sqft · built 1971 · Meriden · TOWNHOMES·source listing ↗

$185,000

rent, three ways

OnePercent model (vv1)$1,674/mo

p10–p90 confidence band

HUD Fair Market Rent · 06451 · 2BR$1,750/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

South Central Connecticut

Flood risk indexRelatively Moderate FEMA NRI

Median household income$71,255

Median area rent$1,213/mo

Median home value$239,800

the verdict

0.90%vs 0.9% target

financing: 20% down · — (FRED, live) · 30yr

$185,000

0.90% · rent $1,674

Intrinsic value · income approach

$237,066

22% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.