128 Lyman Road #2-4WolcottCT06716
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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 128 Lyman Road #2-4, Wolcott, CT, 06716 earns $146/mo cash flow from $1,770/mo rent with a $1,170/mo payment. Total monthly income totals $1,770/mo, and annual cash flow totals $1,751/yr on $79,229 capital. ROI tracks 22.12% on current figures, and rental yield reads 8.89% at a $239,000 purchase. Equity gained on principal adds $1,542/yr, and 5% annual appreciation supports $66,031 over five years. Five-year ROI reaches 115.47% and total cumulative return in cash sums $91,488. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,770/mo property income instead of your personal income.
Condo
Built in 1986
N/A 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: Fern G. Nadolny • Farmingbury Real Estate Inc
Mls Name: Smart MLS
Mls ID: #24144799