13 Dale AveWolcottCT06716
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Wolcott at 13 Dale Ave, Wolcott, CT, 06716 priced at $334,500 converts $2,340/mo rent into $67/mo cash flow after a $1,637/mo obligation. Total monthly income equals $2,340/mo, and annual cash flow totals $809/yr on $110,887 invested. Return on cash invested prints 20.64% in year one, and rental yield reads 8.39% against a $334,500 entry. Equity gained on principal adds $2,158/yr, while 5% annual appreciation compiles into $92,416 by year five. Five-year ROI reaches 107.57% and total cumulative return in cash sums $119,275. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,340/mo property income covering a $1,637/mo payment, not borrower’s personal income.
Single Family
Built in 1948
0.46 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa Rollins Team • Compass Connecticut, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24051740
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.