15 Wolcott StreetSouthingtonCT06489
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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 Southington at 15 Wolcott Street, Southington, CT, 06489 with 5% annual appreciation on a $389,900 basis while $3,185/mo rent supports operations. Total monthly income totals $3,185/mo and a $1,908/mo payment preserves $536/mo for cash returns. Annual cash flow comes to $6,434/yr on $129,252 deployed, and return on cash invested reaches 24.89% in year one. Equity gained on principal adds $2,516/yr, and five-year appreciation sums $107,722 alongside rental yield of 9.8%. Five-year ROI measures 130.35% and total cumulative return in cash totals $168,481.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,185/mo property income versus a $1,908/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06489, Southington, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,640 (100%) |
| Owner Occupied HU | 10,928 (80.1%) |
| Renter Occupied HU | 2,275 (16.7%) |
| Vacant Housing Units | 437 ( 3.2%) |
| Median Home Value | $418,374 |
| Average Home Value | $460,971 |
Housing Distribution
Address Breakdown
Residential
13,660
Single Family
13,124
Multi-Family
536
Businesses
1,015
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Listed by: Sandie A. Terenzi • KW Legacy Partners
Mls Name: Smart MLS
Mls ID: #24144751