29 Spruce DriveWiltonCT06897
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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 Wilton at 29 Spruce Drive, Wilton, CT, 06897 with 5% annual appreciation on a $1,095,000 basis while $4,097/mo rent supports operations. 06% in year one. Equity gained on principal adds $7,066/yr, and five-year appreciation sums $302,528 alongside rental yield of 4.49%. Five-year ROI measures 45.4% and total cumulative return in cash totals $161,074. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,097/mo property income versus a $5,359/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1974
2.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06897, Wilton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,687 (100%) |
| Owner Occupied HU | 5,313 (79.5%) |
| Renter Occupied HU | 960 (14.4%) |
| Vacant Housing Units | 414 ( 6.2%) |
| Median Home Value | $898,026 |
| Average Home Value | $999,354 |
Housing Distribution
Address Breakdown
Residential
6,510
Single Family
6,027
Multi-Family
483
Businesses
767
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Listed by: Julie Carney • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24104606
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.