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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Wolcott at 12 Spindle Hill Road APT 8A, Wolcott, CT, 06716 priced at $379,900 pairs $2,904/mo rent with after a $1,859/mo payment. Total monthly income equals $2,904/mo. Return on cash invested is 18.27% in year one, and rental yield stands at 9.17% on a $379,900 basis. Equity gained on principal adds $2,451/yr, and 5% annual appreciation accumulates to $104,959 by year five. Five-year ROI measures 96.6% and total cumulative return in cash reaches $121,649. For financing, Ziffy Mortgage’s DSCR program evaluates $2,904/mo property income against a $1,859/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1988
N/A lot
$N/A/sqft
$495 monthly HOA
Neighborhood data shown for ZIP Code: 06716, Wolcott, CT area.
| 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 |
Residential
6,219
Single Family
6,001
Multi-Family
218
Businesses
468
Date | Event | Price |
|---|---|---|
| 2025-05-24 | Listed for sale | $379,900 |
| 2024-08-23 | Sold | $347,000 |
| 2024-07-09 | Pending sale | $350,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-29 | $5423.00 | 3.75% | $164,000 | N/A |
| 2023-05-29 | $5227.00 | 3.48% | $164,000 | N/A |
| 2022-05-29 | $5051.00 | 0.44% | $164,000 | 8.07% |
What's Special
None
Listed by: The Foran Team at Berkshire Hathaway Homeservices New England Properties • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24098589
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.
