131 Woodland Drive #131CromwellCT06416
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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 Cromwell at 131 Woodland Drive #131, Cromwell, CT, 06416 earns $167/mo cash flow from $1,322/mo rent with a $832/mo payment. Total monthly income totals $1,322/mo, and annual cash flow totals $2,006/yr on $56,322 capital. ROI tracks 23.47% on current figures, and rental yield reads 9.34% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Five-year ROI reaches 122.81% and total cumulative return in cash sums $69,170. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,322/mo property income instead of your personal income.
Condo
Built in 1974
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06416, Cromwell, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,413 (100%) |
| Owner Occupied HU | 4,827 (75.3%) |
| Renter Occupied HU | 1,384 (21.6%) |
| Vacant Housing Units | 202 ( 3.1%) |
| Median Home Value | $406,672 |
| Average Home Value | $444,400 |
Housing Distribution
Address Breakdown
Residential
6,270
Single Family
5,268
Multi-Family
1,002
Businesses
569
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Listed by: Alan D. Stewart Jr • ASJ Realty Partners
Mls Name: Smart MLS
Mls ID: #24150286