38 Sunrise CirWallingfordCT06492
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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 Wallingford at 38 Sunrise Cir, Wallingford, CT, 06492 offers $3,173/mo rent that, after a $1,591/mo payment, leaves $965/mo cash flow. Total monthly income is $3,173/mo, and annual cash flow is $11,574/yr on $107,737 cash. Return on cash invested measures 30.65% in year one, and rental yield stands at 11.72% at a $324,999 entry. Equity gained on principal adds $2,097/yr while 5% annual appreciation compounds into $89,791 by year five. Five-year ROI records 161.26% and total cumulative return in cash reaches $173,737. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,173/mo property income versus a $1,591/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06492, Wallingford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,895 (100%) |
| Owner Occupied HU | 13,044 (69.0%) |
| Renter Occupied HU | 5,071 (26.8%) |
| Vacant Housing Units | 780 ( 4.1%) |
| Median Home Value | $387,324 |
| Average Home Value | $416,671 |
Housing Distribution
Address Breakdown
Residential
18,504
Single Family
17,175
Multi-Family
1,329
Businesses
2,086
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Listed by: CT Property Sisters at Margaret Bennett Realty • Margaret Bennett Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24078801
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.