185 Woodberry Hill DriveSouthingtonCT06489
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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 Southington at 185 Woodberry Hill Drive, Southington, CT, 06489 with 5% annual appreciation on a $589,900 basis while $3,700/mo rent supports operations. 16% in year one. Equity gained on principal adds $3,807/yr, and five-year appreciation sums $162,978 alongside rental yield of 7.53%. Five-year ROI measures 94.23% and total cumulative return in cash totals $182,877. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,700/mo property income versus a $2,887/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1993
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06489, Southington, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,640 (100%) |
| Owner Occupied HU | 10,928 (80.1%) |
| Renter Occupied HU | 2,275 (16.7%) |
| Vacant Housing Units | 437 ( 3.2%) |
| Median Home Value | $418,374 |
| Average Home Value | $460,971 |
Housing Distribution
Address Breakdown
Residential
13,660
Single Family
13,124
Multi-Family
536
Businesses
1,015
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Listed by: Sherry L. Davenport • Putnam Agency Real Estate LLC
Mls Name: Smart MLS
Mls ID: #24127410