49 Woodbridge Lane #49CromwellCT06416
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Cromwell at 49 Woodbridge Lane #49, Cromwell, CT, 06416 earns $984/mo cash flow from $3,192/mo rent with a $1,591/mo payment. Total monthly income totals $3,192/mo, and annual cash flow totals $11,802/yr on $107,738 capital. ROI tracks 30.86% on current figures, and rental yield reads 11.79% 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 162.4% and total cumulative return in cash sums $174,961. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,192/mo property income instead of your personal income.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06416, Cromwell, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,413 (100%) |
| Owner Occupied HU | 4,827 (75.3%) |
| Renter Occupied HU | 1,384 (21.6%) |
| Vacant Housing Units | 202 ( 3.1%) |
| Median Home Value | $406,672 |
| Average Home Value | $444,400 |
Housing Distribution
Address Breakdown
Residential
6,270
Single Family
5,268
Multi-Family
1,002
Businesses
569
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Maria Turczanik • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24139415