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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Wethersfield at 31 Glenwood Road, Wethersfield, CT, 06109 priced at $489,900 converts $3,420/mo rent into $66/mo cash flow after a $2,398/mo obligation. Total monthly income equals $3,420/mo, and annual cash flow totals $795/yr on $162,402 invested. Return on cash invested prints 20.4% in year one, and rental yield reads 8.38% against a $489,900 entry. Equity gained on principal adds $3,161/yr, while 5% annual appreciation compiles into $135,350 by year five. Five-year ROI reaches 106.35% and total cumulative return in cash sums $172,721. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,420/mo property income covering a $2,398/mo payment, not borrower’s personal income.
Single Family
Built in 1969
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06109, Wethersfield, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,055 (100%) |
| Owner Occupied HU | 8,807 (73.1%) |
| Renter Occupied HU | 2,878 (23.9%) |
| Vacant Housing Units | 370 ( 3.1%) |
| Median Home Value | $356,914 |
| Average Home Value | $381,808 |
Residential
11,825
Single Family
10,382
Multi-Family
1,443
Businesses
667
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-09 | $9020.00 | 3.44% | $208,710 | N/A |
| 2023-07-09 | $8720.00 | 1.70% | $208,710 | N/A |
| 2022-07-09 | $8574.00 | 1.01% | $208,710 | N/A |
What's Special
Storage,Access Via Hatch
Listed by: Kim Vigliotti • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24109130
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.
