








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 Winchester at 11 Gibbs Street APT 7, Winchester, CT, 06098 priced at $109,900 converts $866/mo rent into after a $538/mo obligation. Total monthly income equals $866/mo. Return on cash invested prints 19.22% in year one, and rental yield reads 9.46% against a $109,900 entry. Equity gained on principal adds $709/yr, while 5% annual appreciation compiles into $30,363 by year five. Five-year ROI reaches 101.76% and total cumulative return in cash sums $37,072. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $866/mo property income covering a $538/mo payment, not borrower’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$140 monthly HOA
Neighborhood data shown for ZIP Code: 06098, Winsted, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,484 (100%) |
| Owner Occupied HU | 2,978 (54.3%) |
| Renter Occupied HU | 1,763 (32.1%) |
| Vacant Housing Units | 743 (13.5%) |
| Median Home Value | $284,893 |
| Average Home Value | $365,792 |
Residential
4,821
Single Family
4,459
Multi-Family
362
Businesses
397
Date | Event | Price |
|---|---|---|
| 2025-05-30 | Listed for sale | $109,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-01 | $1312.00 | N/A | $49,700 | N/A |
| 2023-06-01 | $1312.00 | -0.38% | $49,700 | 26.56% |
| 2022-06-01 | $1317.00 | N/A | $39,270 | N/A |



What's Special
None
Listed by: David Sartirana • Northwest CT Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24100125
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.