111 Riverton Road Apt 61WinstedCT06098
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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
Rental property for sale in Winsted at 111 Riverton Road Apt 61, Winsted, CT, 06098 generates $2,693/mo in rent and, after a $954/mo payment, leaves $999/mo in cash flow. Total monthly income is $2,693/mo, and annual cash flow is $11,984/yr on $64,609 invested. Return on cash invested sits at 38.46% in year one, and rental yield is 16.58% on a $194,900 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 205.61% and total cumulative return in cash sums $132,843. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,693/mo property income rather than buyer’s personal income.
Condo
Built in 1987
N/A lot
$N/A/sqft
$370 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06098, Winsted, CT area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
4,821
Single Family
4,459
Multi-Family
362
Businesses
397
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Listed by: Bethany Lydem • Stone Crest Realty LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24130574
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.