402 Perrin RoadWoodstockCT06281
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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 Woodstock at 402 Perrin Road, Woodstock, CT, 06281 offers $4,194/mo rent that, after a $3,323/mo payment. Total monthly income is $4,194/mo. Return on cash invested measures 17.81% in year one, and rental yield stands at 7.41% at a $679,000 entry. Equity gained on principal adds $4,381/yr while 5% annual appreciation compounds into $187,595 by year five. Five-year ROI records 92.35% and total cumulative return in cash reaches $206,291. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,194/mo property income versus a $3,323/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1830
2.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06281, Woodstock, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,377 (100%) |
| Owner Occupied HU | 2,563 (75.9%) |
| Renter Occupied HU | 418 (12.4%) |
| Vacant Housing Units | 396 (11.7%) |
| Median Home Value | $440,777 |
| Average Home Value | $495,242 |
Housing Distribution
Address Breakdown
Residential
2,765
Single Family
2,741
Multi-Family
24
Businesses
141
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Listed by: Kelly S. Ryan • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24021210