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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Wethersfield at 159 Ridge Rd, Wethersfield, CT, 06109 listed at $304,900 pairs $2,640/mo rent with a $1,492/mo payment to leave $569/mo cash flow. Total monthly income runs $2,640/mo, and annual cash flow reaches $6,824/yr on $101,074 cash to close. Return on cash invested measures 26.66% in year one, and rental yield registers 10.39% at a $304,900 basis. Equity gained on principal adds $1,967/yr, and annual property appreciation at 5% supports $84,238 by year five. Five-year ROI tracks 139.84% and total cumulative return in cash totals $141,338. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,640/mo property income relative to a $1,492/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1938
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06109, Wethersfield, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,055 (100%) |
| Owner Occupied HU | 8,807 (73.1%) |
| Renter Occupied HU | 2,878 (23.9%) |
| Vacant Housing Units | 370 ( 3.1%) |
| Median Home Value | $356,914 |
| Average Home Value | $381,808 |
Residential
11,825
Single Family
10,382
Multi-Family
1,443
Businesses
667
Date | Event | Price |
|---|---|---|
| 2025-03-13 | Listed for sale | $304,900 |
| 1991-04-03 | Sold | $134,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-16 | $5304.00 | 3.45% | $122,720 | N/A |
| 2023-03-16 | $5127.00 | 1.71% | $122,720 | N/A |
| 2022-03-16 | $5041.00 | 1.00% | $122,720 | N/A |
What's Special
Access Via Hatch
Listed by: Ann Marie Micacci • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24079283
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.
