2 Columbo TerraceWindsor LocksCT06096
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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
Investment Highlights
Investment property for sale in Windsor Locks at 2 Columbo Terrace, Windsor Locks, CT, 06096 at $480,000 posts ROI 27.3% with $980/mo cash flow from $4,241/mo rent. Total monthly income equals $4,241/mo, and annual cash flow records $11,760/yr on $159,120 to close. Return on cash invested measures 27.3% and rental yield reads 10.6% at the current $480,000. Equity gained on principal adds $3,097/yr, and 5% annual appreciation supports $132,615 by year five. Five-year ROI prints 143.25% and total cumulative return in cash totals $227,945.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,241/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1959
2.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06096, Windsor Locks, CT area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
5,714
Single Family
5,089
Multi-Family
625
Businesses
597
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Listed by: David Merrigan • Merrigan & Lefebvre Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24102657
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.