308 Hopmeadow StreetWeatogueCT06089
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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 Weatogue at 308 Hopmeadow Street, Weatogue, CT, 06089 at $849,900 posts ROI 15.14% with from $4,628/mo rent. Total monthly income equals $4,628/mo. Return on cash invested measures 15.14% and rental yield reads 6.53% at the current $849,900. Equity gained on principal adds $5,484/yr, and 5% annual appreciation supports $234,812 by year five. Five-year ROI prints 78.04% and total cumulative return in cash totals $218,210. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,628/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1938
8.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06089, Weatogue, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,077 (100%) |
| Owner Occupied HU | 1,060 (51.0%) |
| Renter Occupied HU | 943 (45.4%) |
| Vacant Housing Units | 74 ( 3.6%) |
| Median Home Value | $454,777 |
| Average Home Value | $486,580 |
Housing Distribution
Address Breakdown
Residential
2,011
Single Family
1,746
Multi-Family
265
Businesses
122
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Listed by: Teodora F. Rotaru • Real Estate Advisory Group LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24054683
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.