13 Park LaneWoodburyCT06798
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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
Rental property for sale in Woodbury at 13 Park Lane, Woodbury, CT, 06798 generates $3,796/mo in rent, after a $3,181/mo payment. Total monthly income is $3,796/mo. Return on cash invested sits at 16.58% in year one, and rental yield is 7.01% on a $649,900 entry. Equity gained on principal adds $4,194/yr, while 5% annual appreciation builds toward $179,555 over five years. Five-year ROI reaches 85.78% and total cumulative return in cash sums $183,414. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,796/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06798, Woodbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,721 (100%) |
| Owner Occupied HU | 3,419 (72.4%) |
| Renter Occupied HU | 981 (20.8%) |
| Vacant Housing Units | 321 ( 6.8%) |
| Median Home Value | $497,773 |
| Average Home Value | $572,279 |
Housing Distribution
Address Breakdown
Residential
4,247
Single Family
4,098
Multi-Family
149
Businesses
392
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Listed by: Michael Wright • RE/MAX Right Choice
Mls Name: Smart MLS
Mls ID: #24147278