230 East Wakefield BoulevardWinstedCT06098
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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 Winsted at 230 East Wakefield Boulevard, Winsted, CT, 06098 uses $105,749 cash to close to unlock $9,203/yr annual cash flow and $767/mo monthly cash flow. Total monthly income runs $2,934/mo, and a $1,561/mo payment keeps the spread at $767/mo. Purchase price stands at $319,000, and rental yield measures 11.04% with $2,934/mo rent. Return on cash invested shows 28.61% in year one, and 5% annual appreciation builds toward $88,134 over five years. Five-year ROI reaches 150.3% and total cumulative return in cash records $158,941. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,934/mo property income covering a $1,561/mo payment rather than investor’s personal income.
Single Family
Built in 1978
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06098, Winsted, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,484 (100%) |
| Owner Occupied HU | 2,978 (54.3%) |
| Renter Occupied HU | 1,763 (32.1%) |
| Vacant Housing Units | 743 (13.5%) |
| Median Home Value | $284,893 |
| Average Home Value | $365,792 |
Housing Distribution
Address Breakdown
Residential
4,821
Single Family
4,459
Multi-Family
362
Businesses
397
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Listed by: Peter SN D'addeo • Commercial Services Realty
Mls Name: Smart MLS
Mls ID: #24150574