35 Riveredge Drive #35WinstedCT06098
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 Winsted at 35 Riveredge Drive #35, Winsted, CT, 06098 listed at $164,000 pairs $1,271/mo rent with a $803/mo payment to leave $156/mo cash flow. Total monthly income runs $1,271/mo, and annual cash flow reaches $1,877/yr on $54,366 cash to close. Return on cash invested measures 23.36% in year one, and rental yield registers 9.3% at a $164,000 basis. Equity gained on principal adds $1,058/yr, and annual property appreciation at 5% supports $45,310 by year five. Five-year ROI tracks 122.21% and total cumulative return in cash totals $66,441. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,271/mo property income relative to a $803/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1986
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06098, Winsted, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,484 (100%) |
| Owner Occupied HU | 2,978 (54.3%) |
| Renter Occupied HU | 1,763 (32.1%) |
| Vacant Housing Units | 743 (13.5%) |
| Median Home Value | $284,893 |
| Average Home Value | $365,792 |
Housing Distribution
Address Breakdown
Residential
4,821
Single Family
4,459
Multi-Family
362
Businesses
397
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joanne M. Donne • The Washington Agency
Mls Name: Smart MLS
Mls ID: #24147679