14 Saint Andrews Circle #6, Wallingford, CT, 06492 | 5.27% Rental Yield

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14 Saint Andrews Circle #6, Wallingford, CT, 06492 | 5.27% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Wallingford at 14 Saint Andrews Circle #6, Wallingford, CT, 06492 with 5% annual appreciation on a $450,000 basis while $1,978/mo rent supports operations. 22% in year one. Equity gained on principal adds $2,904/yr, and five-year appreciation sums $124,327 alongside rental yield of 5.27%. Five-year ROI measures 57.04% and total cumulative return in cash totals $85,086. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,978/mo property income versus a $2,203/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Condo

Built in 1998

N/A lot

$N/A/sqft

No HOA

More details about the property

The best condominium lifestyle is available here at The Ridges at Pond Hill! Enjoy backyard views of Traditions Golf Club from this freshly updated townhouse. Inside the light-filled interior, you'll find recent improvements including a newly painted first floor, refinished hardwood floors on both levels, and new carpet in the finished lower level, stairway, and upstairs hall. Additionally, the microwave and clothes washer are brand new. The main level features an inviting open floor plan with a gas fireplace. When retreating to the primary bedroom suite, note the sweeping views and cathedral ceiling. The finished lower level adds valuable square footage that can accommodate a variety of uses depending on your needs. The association has ensured the community maintains its value with newly completed roofs, gutters, pavement, curbs, and sidewalks throughout. This residence is ready for you to make it your own!

Neighborhood Data

Neighborhood data shown for ZIP Code: 06492, Wallingford, CT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	18,895 (100%)
Owner Occupied HU	13,044 (69.0%)
Renter Occupied HU	5,071 (26.8%)
Vacant Housing Units	780 ( 4.1%)
Median Home Value	$387,324
Average Home Value	$416,671