5 Concorde Way UNIT A1Windsor LocksCT06096
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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
Rental property for sale in Windsor Locks at 5 Concorde Way UNIT A1, Windsor Locks, CT, 06096 priced at $169,900 pairs $1,288/mo rent with after a $832/mo payment. Total monthly income equals $1,288/mo. Return on cash invested is 16.99% in year one, and rental yield stands at 9.1% on a $169,900 basis. Equity gained on principal adds $1,096/yr, and 5% annual appreciation accumulates to $46,940 by year five. Five-year ROI measures 90.17% and total cumulative return in cash reaches $50,786. For financing, Ziffy Mortgage’s DSCR program evaluates $1,288/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1986
N/A lot
$N/A/sqft
$270 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06096, Windsor Locks, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,965 (100%) |
| Owner Occupied HU | 4,201 (70.4%) |
| Renter Occupied HU | 1,533 (25.7%) |
| Vacant Housing Units | 231 ( 3.9%) |
| Median Home Value | $302,712 |
| Average Home Value | $318,641 |
Housing Distribution
Address Breakdown
Residential
5,714
Single Family
5,089
Multi-Family
625
Businesses
597
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Listed by: THE BANAK TEAM AT COLDWELL BANKER • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24090288
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.