42 Lucerne DriveWillingtonCT06279
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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 Willington at 42 Lucerne Drive, Willington, CT, 06279 earns $62/mo cash flow from $2,270/mo rent with a $1,591/mo payment. Total monthly income totals $2,270/mo, and annual cash flow totals $738/yr on $107,738 capital. ROI tracks 20.59% on current figures, and rental yield reads 8.38% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 107.33% and total cumulative return in cash sums $115,633. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,270/mo property income instead of your personal income.
Single Family
Built in 1968
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06279, Willington, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,732 (100%) |
| Owner Occupied HU | 1,720 (63.0%) |
| Renter Occupied HU | 786 (28.8%) |
| Vacant Housing Units | 226 ( 8.3%) |
| Median Home Value | $375,936 |
| Average Home Value | $436,629 |
Housing Distribution
Address Breakdown
Residential
2,586
Single Family
2,315
Multi-Family
271
Businesses
134
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Listed by: Stephen Cornell • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24120317