12 North Main StreetWindsor LocksCT06096
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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 Windsor Locks at 12 North Main Street, Windsor Locks, CT, 06096 with 5% annual appreciation on a $250,000 basis while $2,917/mo rent supports operations. Total monthly income totals $2,917/mo and a $1,224/mo payment preserves $1,218/mo for cash returns. Annual cash flow comes to $14,616/yr on $82,875 deployed, and return on cash invested reaches 37.55% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,070 alongside rental yield of 14%. Five-year ROI measures 198.19% and total cumulative return in cash totals $164,254.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,917/mo property income versus a $1,224/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1891
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06096, Windsor Locks, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,965 (100%) |
| Owner Occupied HU | 4,201 (70.4%) |
| Renter Occupied HU | 1,533 (25.7%) |
| Vacant Housing Units | 231 ( 3.9%) |
| Median Home Value | $302,712 |
| Average Home Value | $318,641 |
Housing Distribution
Address Breakdown
Residential
5,714
Single Family
5,089
Multi-Family
625
Businesses
597
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Listed by: Jody Cox • Naples Realty Group, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24116830
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.