15 Butternut LaneWeatogueCT06089
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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 Weatogue at 15 Butternut Lane, Weatogue, CT, 06089 listed at $499,000 pairs $3,064/mo rent with a $2,442/mo payment. Total monthly income runs $3,064/mo. Return on cash invested measures 17.54% in year one, and rental yield registers 7.37% at a $499,000 basis. Equity gained on principal adds $3,220/yr, and annual property appreciation at 5% supports $137,865 by year five. Five-year ROI tracks 90.94% and total cumulative return in cash totals $150,426. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,064/mo property income relative to a $2,442/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1966
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06089, Weatogue, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,077 (100%) |
| Owner Occupied HU | 1,060 (51.0%) |
| Renter Occupied HU | 943 (45.4%) |
| Vacant Housing Units | 74 ( 3.6%) |
| Median Home Value | $454,777 |
| Average Home Value | $486,580 |
Housing Distribution
Address Breakdown
Residential
2,011
Single Family
1,746
Multi-Family
265
Businesses
122
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Listed by: Melanie A. LeRoy • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24121522
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