16 Bermuda RdWethersfieldCT06109
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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 Wethersfield at 16 Bermuda Rd, Wethersfield, CT, 06109 with 5% annual appreciation on a $349,900 basis while $3,501/mo rent supports operations. Total monthly income totals $3,501/mo and a $1,713/mo payment preserves $974/mo for cash returns. Annual cash flow comes to $11,694/yr on $115,992 deployed, and return on cash invested reaches 29.99% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,671 alongside rental yield of 12.01%. Five-year ROI measures 158.27% and total cumulative return in cash totals $183,582.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,501/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06109, Wethersfield, CT area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,825
Single Family
10,382
Multi-Family
1,443
Businesses
667
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Listed by: Calla Lord • Tier 1 Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24084622
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.