12 Werf DriveReddingCT06896
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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 Redding at 12 Werf Drive, Redding, CT, 06896 earns from $6,536/mo rent with a $8,565/mo payment. Total monthly income totals $6,536/mo. ROI tracks 9.04% on current figures, and rental yield reads 4.48% at a $1,750,000 purchase. Equity gained on principal adds $11,292/yr, and 5% annual appreciation supports $483,493 over five years. Five-year ROI reaches 45.26% and total cumulative return in cash sums $256,629. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,536/mo property income instead of your personal income.
Single Family
Built in 1962
2.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06896, Redding, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,685 (100%) |
| Owner Occupied HU | 2,939 (79.8%) |
| Renter Occupied HU | 460 (12.5%) |
| Vacant Housing Units | 286 ( 7.8%) |
| Median Home Value | $721,856 |
| Average Home Value | $818,016 |
Housing Distribution
Address Breakdown
Residential
3,476
Single Family
3,146
Multi-Family
330
Businesses
90
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Listed by: Jonathan D. Gineo • Silver and Oak Realty
Mls Name: Smart MLS
Mls ID: #24147564