16 Deer Park RoadWeatogueCT06089
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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 16 Deer Park Road, Weatogue, CT, 06089 uses $144,203 cash to close to unlock $6,498/yr annual cash flow and $542/mo monthly cash flow. Total monthly income runs $3,497/mo, and a $2,129/mo payment keeps the spread at $542/mo. Purchase price stands at $435,000, and rental yield measures 9.65% with $3,497/mo rent. Return on cash invested shows 24.42% in year one, and 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 127.8% and total cumulative return in cash records $184,296. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,497/mo property income covering a $2,129/mo payment rather than investor’s personal income.
Single Family
Built in 1976
1.80 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: Justyna Gaska • Piotrsellsct LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24105090
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.