111 South RoadWinstedCT06098
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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
Rental property for sale in Winsted at 111 South Road, Winsted, CT, 06098 priced at $779,900 converts $7,452/mo rent into $2,153/mo cash flow after a $3,817/mo obligation. Total monthly income equals $7,452/mo, and annual cash flow totals $25,838/yr on $256,587 invested. Return on cash invested prints 30.13% in year one, and rental yield reads 11.47% against a $779,900 entry. Equity gained on principal adds $5,033/yr, while 5% annual appreciation compiles into $215,472 by year five. Five-year ROI reaches 158.43% and total cumulative return in cash sums $406,509. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $7,452/mo property income covering a $3,817/mo payment, not borrower’s personal income.
Single Family
Built in 2000
3.97 Acres lot
$N/A/sqft
No 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: Team Rousseau Homes at Showcase Realty Inc • Showcase Realty, Inc.
Mls Name: Smart MLS
Mls ID: #24104683