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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 Andover at 169 Wheeling Road, Andover, CT, 06232 at $400,000 posts ROI 11.6% with from $1,800/mo rent. Total monthly income equals $1,800/mo. Return on cash invested measures 11.6% and rental yield reads 5.4% at the current $400,000. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,513 by year five. Five-year ROI prints 59.08% and total cumulative return in cash totals $78,340. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,800/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1959
2 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06232, Andover, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,300 (100%) |
| Owner Occupied HU | 1,107 (85.2%) |
| Renter Occupied HU | 151 (11.6%) |
| Vacant Housing Units | 42 ( 3.2%) |
| Median Home Value | $398,640 |
| Average Home Value | $458,295 |
Residential
1,270
Single Family
1,247
Multi-Family
23
Businesses
61
Date | Event | Price |
|---|---|---|
| 2025-07-10 | Listed for sale | $400,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-11 | $5327.00 | 0.55% | $169,330 | N/A |
| 2023-07-11 | $5298.00 | -1.94% | $169,330 | N/A |
| 2022-07-11 | $5403.00 | -15.54% | $169,330 | -4.71% |
What's Special
Crawl Space
Listed by: Amber Jones • KW Legacy Partners
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24109864
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.
