29 Jeffrey DriveWallingfordCT06492
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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
Rental property for sale in Wallingford at 29 Jeffrey Drive, Wallingford, CT, 06492 generates $3,510/mo in rent and, after a $2,144/mo payment, leaves $534/mo in cash flow. Total monthly income is $3,510/mo, and annual cash flow is $6,406/yr on $145,197 invested. Return on cash invested sits at 24.32% in year one, and rental yield is 9.62% on a $438,000 entry. Equity gained on principal adds $2,826/yr, while 5% annual appreciation builds toward $121,011 over five years. Five-year ROI reaches 127.3% and total cumulative return in cash sums $184,830. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,510/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
0.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06492, Wallingford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,895 (100%) |
| Owner Occupied HU | 13,044 (69.0%) |
| Renter Occupied HU | 5,071 (26.8%) |
| Vacant Housing Units | 780 ( 4.1%) |
| Median Home Value | $387,324 |
| Average Home Value | $416,671 |
Housing Distribution
Address Breakdown
Residential
18,504
Single Family
17,175
Multi-Family
1,329
Businesses
2,086
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Listed by: Team Bulldog at Berkshire Hathaway Homeservices New England Properties • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24108068