143 Bound Line RoadWolcottCT06716
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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 Wolcott at 143 Bound Line Road, Wolcott, CT, 06716 listed at $805,000 pairs $1,860/mo rent with a $3,940/mo payment. Total monthly income runs $1,860/mo. Return on cash invested measures 3.71% in year one, and rental yield registers 2.77% at a $805,000 basis. Equity gained on principal adds $5,195/yr, and annual property appreciation at 5% supports $222,407 by year five. Five-year ROI tracks 16.72% and total cumulative return in cash totals $44,273. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,860/mo property income relative to a $3,940/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
2 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: Steven W. Rivkin • Planet Realty, LLC
Mls Name: Smart MLS
Mls ID: #24122641