11 Middletown AvenueWethersfieldCT06109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wethersfield at 11 Middletown Avenue, Wethersfield, CT, 06109 at $425,000 posts ROI 22.51% with $306/mo cash flow from $3,193/mo rent. Total monthly income equals $3,193/mo, and annual cash flow records $3,666/yr on $140,888 to close. Return on cash invested measures 22.51% and rental yield reads 9.02% at the current $425,000. Equity gained on principal adds $2,742/yr, and 5% annual appreciation supports $117,420 by year five. Five-year ROI prints 117.6% and total cumulative return in cash totals $165,677.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,193/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1921
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06109, Wethersfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,055 (100%) |
| Owner Occupied HU | 8,807 (73.1%) |
| Renter Occupied HU | 2,878 (23.9%) |
| Vacant Housing Units | 370 ( 3.1%) |
| Median Home Value | $356,914 |
| Average Home Value | $381,808 |
Housing Distribution
Address Breakdown
Residential
11,825
Single Family
10,382
Multi-Family
1,443
Businesses
667
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Listed by: Kayla Suprin • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24104898
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.