16 Wood Duck Lane #16TariffvilleCT06081
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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
Rental property for sale in Tariffville at 16 Wood Duck Lane #16, Tariffville, CT, 06081 generates $2,591/mo in rent, after a $1,552/mo payment. Total monthly income is $2,591/mo. Return on cash invested sits at 19.41% in year one, and rental yield is 9.81% on a $317,000 entry. Equity gained on principal adds $2,046/yr, while 5% annual appreciation builds toward $87,581 over five years. Five-year ROI reaches 102.99% and total cumulative return in cash sums $108,225. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,591/mo property income rather than buyer’s personal income.
Condo
Built in 1984
N/A lot
$N/A/sqft
$480 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06081, Tariffville, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 650 (100%) |
| Owner Occupied HU | 392 (60.3%) |
| Renter Occupied HU | 218 (33.5%) |
| Vacant Housing Units | 40 ( 6.2%) |
| Median Home Value | $289,683 |
| Average Home Value | $293,801 |
Housing Distribution
Address Breakdown
Residential
639
Single Family
639
Multi-Family
0
Businesses
37
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Listed by: Kathleen A. Samul • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24100157
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.