219 Jordan LaneWethersfieldCT06109
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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
Rental property for sale in Wethersfield at 219 Jordan Lane, Wethersfield, CT, 06109 priced at $550,000 pairs $3,029/mo rent with after a $2,692/mo payment. Total monthly income equals $3,029/mo. Return on cash invested is 15.37% in year one, and rental yield stands at 6.61% on a $550,000 basis. Equity gained on principal adds $3,549/yr, and 5% annual appreciation accumulates to $151,955 by year five. Five-year ROI measures 79.23% and total cumulative return in cash reaches $143,374. For financing, Ziffy Mortgage’s DSCR program evaluates $3,029/mo property income against a $2,692/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1924
0.32 Acres 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: Adam Zak • Century 21 Classic Homes
Mls Name: Smart MLS
Mls ID: #24146774