33 Woodend RoadMonroeCT06468
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Monroe at 33 Woodend Road, Monroe, CT, 06468 uses $125,639 cash to close to unlock $1,163/yr annual cash flow and $97/mo monthly cash flow. Total monthly income runs $2,672/mo, and a $1,855/mo payment keeps the spread at $97/mo. Purchase price stands at $379,000, and rental yield measures 8.46% with $2,672/mo rent. Return on cash invested shows 20.83% in year one, and 5% annual appreciation builds toward $104,711 over five years. Five-year ROI reaches 108.59% and total cumulative return in cash records $136,427. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,672/mo property income covering a $1,855/mo payment rather than investor’s personal income.
Single Family
Built in 1947
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06468, Monroe, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,906 (100%) |
| Owner Occupied HU | 6,235 (90.3%) |
| Renter Occupied HU | 498 ( 7.2%) |
| Vacant Housing Units | 173 ( 2.5%) |
| Median Home Value | $522,292 |
| Average Home Value | $573,501 |
Housing Distribution
Address Breakdown
Residential
6,919
Single Family
6,889
Multi-Family
30
Businesses
808
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Eva E. Zaniewska • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24122195