1727 Meriden RoadWolcottCT06716
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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
Total monthly income runs $4,606/mo, and a $5,629/mo payment. Purchase price stands at $1,150,000, and rental yield measures 4.81% with $4,606/mo rent. Return on cash invested shows 10.04% in year one, and 5% annual appreciation builds toward $317,724 over five years. Five-year ROI reaches 50.62% and total cumulative return in cash records $188,601. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,606/mo property income covering a $5,629/mo payment rather than investor’s personal income.
Single Family
Built in 2011
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06716, Wolcott, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,411 (100%) |
| Owner Occupied HU | 5,399 (84.2%) |
| Renter Occupied HU | 768 (12.0%) |
| Vacant Housing Units | 244 ( 3.8%) |
| Median Home Value | $387,037 |
| Average Home Value | $432,363 |
Housing Distribution
Address Breakdown
Residential
6,219
Single Family
6,001
Multi-Family
218
Businesses
468
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Listed by: Evan Johnson • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24122990