17 Woodland AvenueWinstedCT06098
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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 Winsted at 17 Woodland Avenue, Winsted, CT, 06098 uses $135,915 cash to close to unlock $14,880/yr annual cash flow and $1,240/mo monthly cash flow. Total monthly income runs $4,026/mo, and a $2,007/mo payment keeps the spread at $1,240/mo. Purchase price stands at $410,000, and rental yield measures 11.78% with $4,026/mo rent. Return on cash invested shows 30.86% in year one, and 5% annual appreciation builds toward $113,275 over five years. Five-year ROI reaches 162.34% and total cumulative return in cash records $220,643. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,026/mo property income covering a $2,007/mo payment rather than investor’s personal income.
Single Family
Built in 1938
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06098, Winsted, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,484 (100%) |
| Owner Occupied HU | 2,978 (54.3%) |
| Renter Occupied HU | 1,763 (32.1%) |
| Vacant Housing Units | 743 (13.5%) |
| Median Home Value | $284,893 |
| Average Home Value | $365,792 |
Housing Distribution
Address Breakdown
Residential
4,821
Single Family
4,459
Multi-Family
362
Businesses
397
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Listed by: Vincent Devico • Showcase Realty, Inc.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24103583
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.