332 Hopmeadow StWeatogueCT06089
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 Weatogue at 332 Hopmeadow St, Weatogue, CT, 06089 earns $2,721/mo cash flow from $6,240/mo rent with a $2,447/mo payment. Total monthly income totals $6,240/mo, and annual cash flow totals $32,649/yr on $165,717 capital. ROI tracks 39.61% on current figures, and rental yield reads 14.98% at a $499,900 purchase. Equity gained on principal adds $3,226/yr, and 5% annual appreciation supports $138,113 over five years. Five-year ROI reaches 209.6% and total cumulative return in cash sums $347,340. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $6,240/mo property income instead of your personal income.
Single Family
Built in 1900
3.42 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Geena Becker Team • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24037442
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.