26 Woodridge Drive #26Windsor LocksCT06096
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
Investment property for sale in Windsor Locks at 26 Woodridge Drive #26, Windsor Locks, CT, 06096 uses $118,346 cash to close to unlock $8,168/yr annual cash flow and $681/mo monthly cash flow. Total monthly income runs $3,376/mo, and a $1,747/mo payment keeps the spread at $681/mo. Purchase price stands at $357,000, and rental yield measures 11.35% with $3,376/mo rent. Return on cash invested shows 26.81% in year one, and 5% annual appreciation builds toward $98,633 over five years. Five-year ROI reaches 141.64% and total cumulative return in cash records $167,620. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,376/mo property income covering a $1,747/mo payment rather than investor’s personal income.
Condo
Built in 2015
N/A lot
$N/A/sqft
$270 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06096, Windsor Locks, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,965 (100%) |
| Owner Occupied HU | 4,201 (70.4%) |
| Renter Occupied HU | 1,533 (25.7%) |
| Vacant Housing Units | 231 ( 3.9%) |
| Median Home Value | $302,712 |
| Average Home Value | $318,641 |
Housing Distribution
Address Breakdown
Residential
5,714
Single Family
5,089
Multi-Family
625
Businesses
597
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Patty Kilpatrick • ERA Blanchard & Rossetto
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24115580
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.