13 Margaret TerraceWolcottCT06716
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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
Total monthly income runs $1,860/mo, and a $5,506/mo payment. Purchase price stands at $1,125,000, and rental yield measures 1.98% with $1,860/mo rent. Return on cash invested shows 1.33% in year one, and 5% annual appreciation builds toward $310,817 over five years. Five-year ROI reaches 3.92% and total cumulative return in cash records $14,300. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,860/mo property income covering a $5,506/mo payment rather than investor’s personal income.
Single Family
Built in 2012
1.70 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
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Listed by: Miguel A. Rosado • RE/MAX RISE
Mls Name: Smart MLS
Mls ID: #24120077