3 Val CtWolcottCT06716
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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 Wolcott at 3 Val Ct, Wolcott, CT, 06716 priced at $515,000 converts $4,622/mo rent into $1,123/mo cash flow after a $2,521/mo obligation. Total monthly income equals $4,622/mo, and annual cash flow totals $13,470/yr on $169,435 invested. Return on cash invested prints 28.01% in year one, and rental yield reads 10.77% against a $515,000 entry. Equity gained on principal adds $3,323/yr, while 5% annual appreciation compiles into $142,285 by year five. Five-year ROI reaches 147.06% and total cumulative return in cash sums $249,169. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,622/mo property income covering a $2,521/mo payment, not borrower’s personal income.
Single Family
Built in 1987
0.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06716, Wolcott, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,411 (100%) |
| Owner Occupied HU | 5,399 (84.2%) |
| Renter Occupied HU | 768 (12.0%) |
| Vacant Housing Units | 244 ( 3.8%) |
| Median Home Value | $387,037 |
| Average Home Value | $432,363 |
Housing Distribution
Address Breakdown
Residential
6,219
Single Family
6,001
Multi-Family
218
Businesses
468
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Listed by: Paul Roger • Full Service Realty LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24089057
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.