50 Whitewood DrMonroeCT06468
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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
Investment property for sale in Monroe at 50 Whitewood Dr, Monroe, CT, 06468 uses $213,850 cash to close to unlock $11,604/yr annual cash flow and $967/mo monthly cash flow. Total monthly income runs $5,383/mo, and a $3,181/mo payment keeps the spread at $967/mo. Purchase price stands at $650,000, and rental yield measures 9.94% with $5,383/mo rent. Return on cash invested shows 25.49% in year one, and 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 133.5% and total cumulative return in cash records $285,494. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $5,383/mo property income covering a $3,181/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06468, Monroe, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,906 (100%) |
| Owner Occupied HU | 6,235 (90.3%) |
| Renter Occupied HU | 498 ( 7.2%) |
| Vacant Housing Units | 173 ( 2.5%) |
| Median Home Value | $522,292 |
| Average Home Value | $573,501 |
Housing Distribution
Address Breakdown
Residential
6,919
Single Family
6,889
Multi-Family
30
Businesses
808
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Listed by: Daniel Durante • Criterion Real Estate LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24091623
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.