36 Sky Hill DriveWolcottCT06716
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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
Investment property for sale in Wolcott at 36 Sky Hill Drive, Wolcott, CT, 06716 uses $112,677 cash to close to unlock $6,710/yr annual cash flow and $559/mo monthly cash flow. Total monthly income runs $2,869/mo, and a $1,664/mo payment keeps the spread at $559/mo. Purchase price stands at $339,900, and rental yield measures 10.13% with $2,869/mo rent. Return on cash invested shows 25.86% in year one, and 5% annual appreciation builds toward $93,908 over five years. Five-year ROI reaches 135.59% and total cumulative return in cash records $152,783. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,869/mo property income covering a $1,664/mo payment rather than investor’s personal income.
Single Family
Built in 1962
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06716, Wolcott, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,411 (100%) |
| Owner Occupied HU | 5,399 (84.2%) |
| Renter Occupied HU | 768 (12.0%) |
| Vacant Housing Units | 244 ( 3.8%) |
| Median Home Value | $387,037 |
| Average Home Value | $432,363 |
Housing Distribution
Address Breakdown
Residential
6,219
Single Family
6,001
Multi-Family
218
Businesses
468
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Listed by: Louise Costello • Louise Costello, Broker
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24105974
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.