18 Wells Woods RoadColumbiaCT06237
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 18 Wells Woods Road, Columbia, CT, 06237 in Columbia is straightforward: $499,900 in, $4,162/mo in rent, $765/mo out after debt service. The 9.99% gross yield and 1.85 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $138,113 by year five. With $4,604/yr in principal equity, the total cumulative return is projected at $240,150.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 8.0% |
| Monthly Cash Flow | $765 | $300 |
City averages based on Columbia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,162 |
| Total Monthly Debt Service | $3,198 |
| DSCR Ratio | 1.30x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2014
1.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06237, Columbia, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,272 (100%) |
| Owner Occupied HU | 1,914 (84.2%) |
| Renter Occupied HU | 182 ( 8.0%) |
| Vacant Housing Units | 176 ( 7.7%) |
| Median Home Value | $361,831 |
| Average Home Value | $389,323 |
Housing Distribution
Address Breakdown
Residential
2,135
Single Family
2,112
Multi-Family
23
Businesses
115
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2014
1.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06237, Columbia, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,272 (100%) |
| Owner Occupied HU | 1,914 (84.2%) |
| Renter Occupied HU | 182 ( 8.0%) |
| Vacant Housing Units | 176 ( 7.7%) |
| Median Home Value | $361,831 |
| Average Home Value | $389,323 |
Housing Distribution
Address Breakdown
Residential
2,135
Single Family
2,112
Multi-Family
23
Businesses
115
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kiara C. Rusconi • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24137177