298 Kings Landing #298WindsorCT06095
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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 at 298 Kings Landing #298, Windsor, CT, 06095 uses $132,567 cash to close to unlock $5,834/yr annual cash flow and $486/mo monthly cash flow. Total monthly income runs $3,203/mo, and a $1,957/mo payment keeps the spread at $486/mo. Purchase price stands at $399,900, and rental yield measures 9.61% with $3,203/mo rent. Return on cash invested shows 24.31% in year one, and 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 127.26% and total cumulative return in cash records $168,704. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,203/mo property income covering a $1,957/mo payment rather than investor’s personal income.
Condo
Built in 2001
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06095, Windsor, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,305 (100%) |
| Owner Occupied HU | 9,355 (76.0%) |
| Renter Occupied HU | 2,485 (20.2%) |
| Vacant Housing Units | 465 ( 3.8%) |
| Median Home Value | $324,710 |
| Average Home Value | $340,007 |
Housing Distribution
Address Breakdown
Residential
12,058
Single Family
11,227
Multi-Family
831
Businesses
899
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Listed by: Judith Guarco • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24150003