20 Goodwin Park Road, Wethersfield, CT, 06109 | $806/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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20 Goodwin Park Road, Wethersfield, CT, 06109 | $806/mo Cash Flow | Ziffy

For Sale

Fix & Flip

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Wethersfield at 20 Goodwin Park Road, Wethersfield, CT, 06109 uses $89,472 cash to close to unlock $9,674/yr annual cash flow and $806/mo monthly cash flow. Total monthly income runs $2,640/mo, and a $1,321/mo payment keeps the spread at $806/mo. Purchase price stands at $269,900, and rental yield measures 11.74% with $2,640/mo rent. Return on cash invested shows 30.72% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 161.65% and total cumulative return in cash records $144,630. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,640/mo property income covering a $1,321/mo payment rather than investor’s personal income.

Single Family

Built in 1952

9,147 sqft lot

$N/A/sqft

No HOA

More details about the property

Cozy Wethersfield Ranch with Great Potential! Welcome to 20 Goodwin Park Rd, a charming 2-bedroom, 1-bath ranch that's full of possibilities! The formal dining room is being used as a 3rd bedroom, offering extra flexibility for your needs. This home features a comfortable layout of nearly 900 sq ft, with newer windows, roof, hardwood floors, updated kithen cabinets with granite countertops. Quiet & convenient neighborhood close to schools, parks, and major routes. While the property needs some TLC, it's a perfect opportunity to build instant equity - a great fit for first-time buyers, investors, or anyone looking for a project worth the sweat equity. Enjoy one-level living, a spacious yard, and endless potential to make this home your own! Excellent opportunity to customize, renovate, and add value. Perfect for buyers ready to bring their vision to life!

Neighborhood Data

Neighborhood data shown for ZIP Code: 06109, Wethersfield, CT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	12,055 (100%)
Owner Occupied HU	8,807 (73.1%)
Renter Occupied HU	2,878 (23.9%)
Vacant Housing Units	370 ( 3.1%)
Median Home Value	$356,914
Average Home Value	$381,808