219 Crest StreetWethersfieldCT06109
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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 Wethersfield at 219 Crest Street, Wethersfield, CT, 06109 with 5% annual appreciation on a $350,000 basis while $2,479/mo rent supports operations. Total monthly income totals $2,479/mo and a $1,713/mo payment preserves $101/mo for cash returns. Annual cash flow comes to $1,212/yr on $116,025 deployed, and return on cash invested reaches 20.95% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,699 alongside rental yield of 8.5%. Five-year ROI measures 109.24% and total cumulative return in cash totals $126,746.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,479/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
7,405 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
11,825
Single Family
10,382
Multi-Family
1,443
Businesses
667
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Listed by: Doug J. Hagen • LPT Realty
Mls Name: Smart MLS
Mls ID: #24126359