36 Hewitt StWethersfieldCT06109
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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
Rental property for sale in Wethersfield at 36 Hewitt St, Wethersfield, CT, 06109 priced at $462,100 converts $3,668/mo rent into $528/mo cash flow after a $2,262/mo obligation. Total monthly income equals $3,668/mo, and annual cash flow totals $6,336/yr on $153,186 invested. Return on cash invested prints 24.05% in year one, and rental yield reads 9.53% against a $462,100 entry. Equity gained on principal adds $2,982/yr, while 5% annual appreciation compiles into $127,670 by year five. Five-year ROI reaches 125.84% and total cumulative return in cash sums $192,769. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,668/mo property income covering a $2,262/mo payment, not borrower’s personal income.
Single Family
Built in 1971
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06109, Wethersfield, CT area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
11,825
Single Family
10,382
Multi-Family
1,443
Businesses
667
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