175 Garden StWethersfieldCT06109
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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 Wethersfield at 175 Garden St, Wethersfield, CT, 06109 listed at $407,999 pairs $3,420/mo rent with a $1,997/mo payment to leave $620/mo cash flow. Total monthly income runs $3,420/mo, and annual cash flow reaches $7,439/yr on $135,252 cash to close. Return on cash invested measures 25.41% in year one, and rental yield registers 10.06% at a $407,999 basis. Equity gained on principal adds $2,633/yr, and annual property appreciation at 5% supports $112,723 by year five. Five-year ROI tracks 133.22% and total cumulative return in cash totals $180,187. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,420/mo property income relative to a $1,997/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06109, Wethersfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,055 (100%) |
| Owner Occupied HU | 8,807 (73.1%) |
| Renter Occupied HU | 2,878 (23.9%) |
| Vacant Housing Units | 370 ( 3.1%) |
| Median Home Value | $356,914 |
| Average Home Value | $381,808 |
Housing Distribution
Address Breakdown
Residential
11,825
Single Family
10,382
Multi-Family
1,443
Businesses
667
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Listed by: Courtney Cusano • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24079297
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.