10 Hathaway StreetWindsor LocksCT06096
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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
Investment Highlights
Investment property for sale in Windsor Locks at 10 Hathaway Street, Windsor Locks, CT, 06096 uses $88,511 cash to close to unlock $2,708/yr annual cash flow and $226/mo monthly cash flow. Total monthly income runs $2,040/mo, and a $1,307/mo payment keeps the spread at $226/mo. Purchase price stands at $267,000, and rental yield measures 9.17% with $2,040/mo rent. Return on cash invested shows 22.97% in year one, and 5% annual appreciation builds toward $73,767 over five years. Five-year ROI reaches 120.05% and total cumulative return in cash records $106,255. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,040/mo property income covering a $1,307/mo payment rather than investor’s personal income.
Single Family
Built in 1961
0.40 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
5,714
Single Family
5,089
Multi-Family
625
Businesses
597
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Listed by: Jennifer A. Ragno • Executive Real Estate Inc.
Mls Name: Smart MLS
Mls ID: #24118395