








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Rental property for sale in Winsted at 424 E Wakefield Blvd, Winsted, CT, 06098 priced at $1,595,000 converts $1,860/mo rent into after a $7,807/mo obligation. Total monthly income equals $1,860/mo. Return on cash invested prints -0.48% in year one, and rental yield reads 1.4% against a $1,595,000 entry. Equity gained on principal adds $10,292/yr, while 5% annual appreciation compiles into $440,669 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,860/mo property income covering a $7,807/mo payment, not borrower’s personal income.
Single Family
Built in 1890
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06098, Winsted, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,484 (100%) |
| Owner Occupied HU | 2,978 (54.3%) |
| Renter Occupied HU | 1,763 (32.1%) |
| Vacant Housing Units | 743 (13.5%) |
| Median Home Value | $284,893 |
| Average Home Value | $365,792 |
Residential
4,821
Single Family
4,459
Multi-Family
362
Businesses
397
Date | Event | Price |
|---|---|---|
| 2025-05-22 | Listed for sale | $1,595,000 |
| 2019-08-27 | Sold | $800,000 |
| 2019-06-20 | Pending sale | $875,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-27 | $19927.00 | N/A | $755,090 | N/A |
| 2023-05-27 | $19927.00 | 22.27% | $755,090 | 55.39% |
| 2022-05-27 | $16298.00 | N/A | $485,940 | N/A |



What's Special
Walk-up
Listed by: Karen Newton • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24097125
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.