229 Bacon Pond Rd APT 411WoodburyCT06798
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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 Woodbury at 229 Bacon Pond Rd APT 411, Woodbury, CT, 06798 uses $56,322 cash to close to unlock $2,438/yr annual cash flow and $203/mo monthly cash flow. Total monthly income runs $1,358/mo, and a $832/mo payment keeps the spread at $203/mo. Purchase price stands at $169,900, and rental yield measures 9.59% with $1,358/mo rent. Return on cash invested shows 24.24% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 126.94% and total cumulative return in cash records $71,498. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,358/mo property income covering a $832/mo payment rather than investor’s personal income.
Condo
Built in 1971
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: Jeffrey Boucher • Drakeley Real Estate, Inc.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24084091
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.