5 Lorraine DriveWoodbridgeCT06525
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
Rental property for sale in Woodbridge at 5 Lorraine Drive, Woodbridge, CT, 06525 priced at $584,900 converts $4,079/mo rent into $105/mo cash flow after a $2,863/mo obligation. Total monthly income equals $4,079/mo, and annual cash flow totals $1,256/yr on $192,432 invested. Return on cash invested prints 20.71% in year one, and rental yield reads 8.37% against a $584,900 entry. Equity gained on principal adds $3,774/yr, while 5% annual appreciation compiles into $161,597 by year five. Five-year ROI reaches 107.93% and total cumulative return in cash sums $207,683. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,079/mo property income covering a $2,863/mo payment, not borrower’s personal income.
Single Family
Built in 1968
1.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06525, Woodbridge, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,372 (100%) |
| Owner Occupied HU | 2,813 (83.4%) |
| Renter Occupied HU | 363 (10.8%) |
| Vacant Housing Units | 196 ( 5.8%) |
| Median Home Value | $597,765 |
| Average Home Value | $633,051 |
Housing Distribution
Address Breakdown
Residential
3,421
Single Family
3,223
Multi-Family
198
Businesses
451
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melanie B. Ricci • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24150274