115 Kilmartin AvenueWolcottCT06716
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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 Wolcott at 115 Kilmartin Avenue, Wolcott, CT, 06716 with 5% annual appreciation on a $325,000 basis while $2,692/mo rent supports operations. Total monthly income totals $2,692/mo and a $1,591/mo payment preserves $484/mo for cash returns. Annual cash flow comes to $5,802/yr on $107,738 deployed, and return on cash invested reaches 25.29% in year one. Equity gained on principal adds $2,097/yr, and five-year appreciation sums $89,792 alongside rental yield of 9.94%. Five-year ROI measures 132.53% and total cumulative return in cash totals $142,789.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,692/mo property income versus a $1,591/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
0.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06716, Wolcott, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,411 (100%) |
| Owner Occupied HU | 5,399 (84.2%) |
| Renter Occupied HU | 768 (12.0%) |
| Vacant Housing Units | 244 ( 3.8%) |
| Median Home Value | $387,037 |
| Average Home Value | $432,363 |
Housing Distribution
Address Breakdown
Residential
6,219
Single Family
6,001
Multi-Family
218
Businesses
468
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Listed by: Mark Poulin • LAER Realty Partners
Mls Name: Smart MLS
Mls ID: #24139021