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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 Weatogue at 50 Canal St, Weatogue, CT, 06089 offers a 11.32% rental yield on a $324,900 purchase with $3,064/mo rent. Total monthly income registers $3,064/mo, and a $1,590/mo payment leaves $857/mo available for distribution. Annual cash flow reaches $10,280/yr on $107,704 to close, and return on cash invested stands at 29.45% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,764 over five years. Portfolio math shows five-year ROI at 154.82% and total cumulative return in cash at $166,745. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,064/mo property income against a $1,590/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1912
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06089, Weatogue, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,077 (100%) |
| Owner Occupied HU | 1,060 (51.0%) |
| Renter Occupied HU | 943 (45.4%) |
| Vacant Housing Units | 74 ( 3.6%) |
| Median Home Value | $454,777 |
| Average Home Value | $486,580 |
Residential
2,011
Single Family
1,746
Multi-Family
265
Businesses
122
Date | Event | Price |
|---|---|---|
| 2023-01-15 | Listing removed | N/A |
| 2023-01-06 | Price change | $1,900 |
| 2022-12-27 | Listed for rent | $1,950 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-26 | $5104.00 | 4.68% | $153,230 | N/A |
| 2023-03-26 | $4876.00 | -2.77% | $153,230 | 18.04% |
| 2022-03-26 | $5015.00 | N/A | $129,810 | N/A |
What's Special
None
Listed by: Robert Levine • ERA Hart Sargis-Breen
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24082093
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.
