2 South Meadows #107BWoodburyCT06798
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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
Total monthly income runs $1,920/mo, and a $1,849/mo payment. Purchase price stands at $377,750, and rental yield measures 6.1% with $1,920/mo rent. Return on cash invested shows 13.71% in year one, and 5% annual appreciation builds toward $104,365 over five years. Five-year ROI reaches 70.43% and total cumulative return in cash records $88,190. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,920/mo property income covering a $1,849/mo payment rather than investor’s personal income.
Condo
Built in 1980
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06798, Woodbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,721 (100%) |
| Owner Occupied HU | 3,419 (72.4%) |
| Renter Occupied HU | 981 (20.8%) |
| Vacant Housing Units | 321 ( 6.8%) |
| Median Home Value | $497,773 |
| Average Home Value | $572,279 |
Housing Distribution
Address Breakdown
Residential
4,247
Single Family
4,098
Multi-Family
149
Businesses
392
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Listed by: Terry Lee Adams • Adams & Adams Real Estate
Mls Name: Smart MLS
Mls ID: #24128984