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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Wallingford at 46 S Cherry St APT 130, Wallingford, CT, 06492 listed at $119,500 pairs $959/mo rent with a $585/mo payment. Total monthly income runs $959/mo. Return on cash invested measures 19.57% in year one, and rental yield registers 9.63% at a $119,500 basis. Equity gained on principal adds $771/yr, and annual property appreciation at 5% supports $33,016 by year five. Five-year ROI tracks 103.55% and total cumulative return in cash totals $41,022. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $959/mo property income relative to a $585/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1988
N/A lot
$N/A/sqft
$158 monthly HOA
Neighborhood data shown for ZIP Code: 06492, Wallingford, CT area.
| 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 |
Residential
18,504
Single Family
17,175
Multi-Family
1,329
Businesses
2,086
Date | Event | Price |
|---|---|---|
| 2025-02-28 | Listed for sale | $119,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
None
Listed by: Kenne Ruan • Century 21 Scala Group
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24077381
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.
