3 Pilgrim Harbor #AWallingfordCT06492
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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 Wallingford at 3 Pilgrim Harbor #A, Wallingford, CT, 06492 at $344,900 posts ROI 22.44% with $241/mo cash flow from $2,584/mo rent. Total monthly income equals $2,584/mo, and annual cash flow records $2,888/yr on $114,334 to close. Return on cash invested measures 22.44% and rental yield reads 8.99% at the current $344,900. Equity gained on principal adds $2,226/yr, and 5% annual appreciation supports $95,290 by year five. Five-year ROI prints 117.18% and total cumulative return in cash totals $133,977.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,584/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1972
N/A 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: Meagan Albert • Tier 1 Real Estate
Mls Name: Smart MLS
Mls ID: #24125277