1 Concorde Way #A4, Windsor Locks, CT, 06096 | $224/mo Cash Flow

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1 Concorde Way #A4, Windsor Locks, CT, 06096 | $224/mo Cash Flow | Ziffy

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 Windsor Locks at 1 Concorde Way #A4, Windsor Locks, CT, 06096 uses $64,609 cash to close to unlock $2,684/yr annual cash flow and $224/mo monthly cash flow. Total monthly income runs $1,548/mo, and a $954/mo payment keeps the spread at $224/mo. Purchase price stands at $194,900, and rental yield measures 9.53% with $1,548/mo rent. Return on cash invested shows 24.06% in year one, and 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 125.91% and total cumulative return in cash records $81,351. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,548/mo property income covering a $954/mo payment rather than investor’s personal income.

Condo

Built in 1986

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this well-maintained ranch-style condo in the sought-after Concorde Landing Complex. This spacious condo features two bedrooms, two full bathrooms, and a generous galley kitchen. It also has a spacious open floor plan and a large primary bedroom with a full bathroom. There is a recently installed Central Air unit. Public water and public sewer are included in the HOA. The laundry room and secure storage space are located in the basement common area of the unit. There is one assigned parking space along with a space for visitor parking. The complex is conveniently located near restaurants, shopping, and Bradley International Airport, and is just minutes away from I-91 Highway. Schedule a tour today and make it your condo tomorrow! Subject to the owner finding a suitable home.

Neighborhood Data

Neighborhood data shown for ZIP Code: 06096, Windsor Locks, CT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	5,965 (100%)
Owner Occupied HU	4,201 (70.4%)
Renter Occupied HU	1,533 (25.7%)
Vacant Housing Units	231 ( 3.9%)
Median Home Value	$302,712
Average Home Value	$318,641