








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Woodbury at 229 Bacon Pond Road APT 322, Woodbury, CT, 06798 offers a 9.49% rental yield on a $184,900 purchase with $1,462/mo rent. 15% in year one. Equity gained on principal adds $1,193/yr while 5% annual appreciation supports $51,084 over five years. Portfolio math shows five-year ROI at 76.31% and total cumulative return in cash at $46,771. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,462/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1971
N/A lot
$N/A/sqft
$500 monthly HOA
Neighborhood data shown for ZIP Code: 06798, Woodbury, CT area.
| 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 |
Residential
4,247
Single Family
4,098
Multi-Family
149
Businesses
392
Date | Event | Price |
|---|---|---|
| 2025-05-25 | Listed for sale | $184,900 |
| 2021-04-21 | Sold | $118,000 |
| 2021-03-13 | Contingent | $119,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-29 | $2057.00 | 49.17% | $88,760 | 87.10% |
| 2023-05-29 | $1379.00 | -0.36% | $47,440 | N/A |
| 2022-05-29 | $1384.00 | N/A | $47,440 | N/A |



What's Special
None
Listed by: Timothy Drakeley • Drakeley Real Estate, Inc.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24098569
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.