1443 Durham RoadWallingfordCT06492
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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 Wallingford at 1443 Durham Road, Wallingford, CT, 06492 uses $224,378 cash to close to unlock $4,538/yr annual cash flow and $378/mo monthly cash flow. Total monthly income runs $5,012/mo, and a $3,338/mo payment keeps the spread at $378/mo. Purchase price stands at $682,000, and rental yield measures 8.82% with $5,012/mo rent. Return on cash invested shows 22.08% in year one, and 5% annual appreciation builds toward $188,424 over five years. Five-year ROI reaches 115.28% and total cumulative return in cash records $258,652. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,012/mo property income covering a $3,338/mo payment rather than investor’s personal income.
Single Family
Built in 2021
2.03 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
18,504
Single Family
17,175
Multi-Family
1,329
Businesses
2,086
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Listed by: Patrick R. Combs • Dan Combs Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24121774
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.