391 Hang Dog LaneWethersfieldCT06109
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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 Wethersfield at 391 Hang Dog Lane, Wethersfield, CT, 06109 at $420,000 posts ROI 29.77% with $1,144/mo cash flow from $3,998/mo rent. Total monthly income equals $3,998/mo, and annual cash flow records $13,728/yr on $139,230 to close. Return on cash invested measures 29.77% and rental yield reads 11.42% at the current $420,000. Equity gained on principal adds $2,710/yr, and 5% annual appreciation supports $116,038 by year five. Five-year ROI prints 156.51% and total cumulative return in cash totals $217,903.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,998/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1973
0.36 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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Listed by: Martin J. Loschiavo • Next Key Realty
Mls Name: Smart MLS
Mls ID: #24116282