267 Reed AvenueWindsor LocksCT06096
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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 Windsor Locks at 267 Reed Avenue, Windsor Locks, CT, 06096 earns $715/mo cash flow from $3,161/mo rent with a $1,762/mo payment. Total monthly income totals $3,161/mo, and annual cash flow totals $8,582/yr on $119,307 capital. ROI tracks 27.1% on current figures, and rental yield reads 10.54% at a $359,900 purchase. Equity gained on principal adds $2,322/yr, and 5% annual appreciation supports $99,434 over five years. Five-year ROI reaches 142.24% and total cumulative return in cash sums $169,706. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,161/mo property income instead of your personal income.
Single Family
Built in 1962
0.29 Acres lot
$N/A/sqft
No 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
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Listed by: Kelly Bedard • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24134627