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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% |
Rental property for sale in Windsor Locks at 1 Concorde Way #B3, Windsor Locks, CT, 06096 priced at $227,500 converts $2,441/mo rent into $561/mo cash flow after a $1,114/mo obligation. Total monthly income equals $2,441/mo, and annual cash flow totals $6,729/yr on $75,416 invested. Return on cash invested prints 28.83% in year one, and rental yield reads 12.88% against a $227,500 entry. Equity gained on principal adds $1,468/yr, while 5% annual appreciation compiles into $62,854 by year five. Five-year ROI reaches 153.41% and total cumulative return in cash sums $115,694. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,441/mo property income covering a $1,114/mo payment, not borrower’s personal income.
Condo
Built in 1986
N/A lot
$N/A/sqft
$335 monthly HOA
Neighborhood data shown for ZIP Code: 06096, Windsor Locks, CT area.
| 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 |
Residential
5,714
Single Family
5,089
Multi-Family
625
Businesses
597
Date | Event | Price |
|---|---|---|
| 2025-07-11 | Sold | $227,500 |
| 2025-07-11 | Pending sale | $209,900 |
| 2025-06-09 | Listed for sale | $209,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-19 | $1705.00 | N/A | $64,750 | N/A |
| 2023-10-19 | $1705.00 | 1.97% | $64,750 | N/A |
| 2022-10-19 | $1672.00 | N/A | $64,750 | N/A |
What's Special
None
Listed by: Daniel Merrigan • Merrigan & Lefebvre Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24102504
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.
