37 Wrights LaneGlastonburyCT06033
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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 Glastonbury at 37 Wrights Lane, Glastonbury, CT, 06033 earns $1,149/mo cash flow from $3,731/mo rent with a $1,860/mo payment. Total monthly income totals $3,731/mo, and annual cash flow totals $13,788/yr on $125,970 capital. ROI tracks 30.85% on current figures, and rental yield reads 11.78% at a $380,000 purchase. Equity gained on principal adds $2,452/yr, and 5% annual appreciation supports $104,987 over five years. Five-year ROI reaches 162.32% and total cumulative return in cash sums $204,481. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,731/mo property income instead of your personal income.
Single Family
Built in 1952
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06033, Glastonbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,474 (100%) |
| Owner Occupied HU | 9,378 (75.2%) |
| Renter Occupied HU | 2,564 (20.6%) |
| Vacant Housing Units | 532 ( 4.3%) |
| Median Home Value | $469,323 |
| Average Home Value | $514,305 |
Housing Distribution
Address Breakdown
Residential
12,266
Single Family
11,050
Multi-Family
1,216
Businesses
1,480
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Listed by: Kevin Wilcox • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24119083