25 Wedgewood DriveWethersfieldCT06109
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 25 Wedgewood Drive, Wethersfield, CT, 06109 priced at $822,000 converts $5,044/mo rent into after a $4,023/mo obligation. Total monthly income equals $5,044/mo. Return on cash invested prints 15.6% in year one, and rental yield reads 7.36% against a $822,000 entry. Equity gained on principal adds $5,304/yr, while 5% annual appreciation compiles into $227,103 by year five. Five-year ROI reaches 81.26% and total cumulative return in cash sums $219,771. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $5,044/mo property income covering a $4,023/mo payment, not borrower’s personal income.
Single Family
Built in 1985
0.36 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deborah D. Hagel • Hagel & Assoc. Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24127675
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.