








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Windsor Locks at 186 Grove Street, Windsor Locks, CT, 06096 uses $106,047 cash to close to unlock $6,590/yr annual cash flow and $549/mo monthly cash flow. Total monthly income runs $2,723/mo, and a $1,566/mo payment keeps the spread at $549/mo. Purchase price stands at $319,900, and rental yield measures 10.21% with $2,723/mo rent. Return on cash invested shows 26.12% in year one, and 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 137% and total cumulative return in cash records $145,280. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,723/mo property income covering a $1,566/mo payment rather than investor’s personal income.
Single Family
Built in 1951
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06096, Windsor Locks, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,965 (100%) |
| Owner Occupied HU | 4,201 (70.4%) |
| Renter Occupied HU | 1,533 (25.7%) |
| Vacant Housing Units | 231 ( 3.9%) |
| Median Home Value | $302,712 |
| Average Home Value | $318,641 |
Residential
5,714
Single Family
5,089
Multi-Family
625
Businesses
597
Date | Event | Price |
|---|---|---|
| 2025-09-20 | Listed for sale | $319,900 |
| 2019-07-26 | Sold | $175,000 |
| 2019-06-08 | Pending sale | $174,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-23 | $3138.00 | 6.88% | $111,510 | N/A |
| 2023-09-23 | $2936.00 | 1.94% | $111,510 | N/A |
| 2022-09-23 | $2880.00 | N/A | $111,510 | N/A |



What's Special
None
Listed by: John Veit • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24128054
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.