48 Sharon Lane, Wethersfield, CT, 06109 | $23/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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48 Sharon Lane, Wethersfield, CT, 06109 | $23/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Wethersfield at 48 Sharon Lane, Wethersfield, CT, 06109 with 5% annual appreciation on a $274,900 basis while $1,890/mo rent supports operations. Total monthly income totals $1,890/mo and a $1,346/mo payment preserves $23/mo for cash returns. Annual cash flow comes to $272/yr on $91,129 deployed, and return on cash invested reaches 20.21% in year one. Equity gained on principal adds $1,774/yr, and five-year appreciation sums $75,950 alongside rental yield of 8.25%. Five-year ROI measures 105.24% and total cumulative return in cash totals $95,907.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,890/mo property income versus a $1,346/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Condo

Built in 1971

N/A lot

$N/A/sqft

No HOA

More details about the property

Spectacular Totally Remodeled Townhouse in Move in Condition!!! Special Features include New Furnace, New Radiators, New 6 Panel Doors, New Water Heater, Upgraded Electrical, New Circuit Box, New Lighting, Beautiful Newly Refinished Hardwood Floors Throughout, Crown Molding, Chair Rail, New Wrought Iron Staircase!!! Gorgeous Granite Kitchen with Solid Cherry Cabinetry with Cushion Close Doors, Pantry & New Appliances!!! Remodeled Bathrooms with Wainscoting!!! Enjoy an Additional 650SF in the Fabulous Fully Finished Lower-Level Family Room with Wainscoting, Extra Foam Carpeting on the Steps & Special Tile Floor!!! The Pool Table is Included!!! Great Location Close to the Pool! Enjoy Walks to Old Wethersfield Center, Visit the Quaint Shops & Local Restaurants!!! This Lovely Condo is in Pristine Condition; there is Nothing Left to do but Move In!!!

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