51 Elderslie LaneWoodbridgeCT06525
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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 Woodbridge at 51 Elderslie Lane, Woodbridge, CT, 06525 generates $6,120/mo in rent, after a $6,363/mo payment. Total monthly income is $6,120/mo. Return on cash invested sits at 11.12% in year one, and rental yield is 5.65% on a $1,300,000 entry. Equity gained on principal adds $8,389/yr, while 5% annual appreciation builds toward $359,166 over five years. Five-year ROI reaches 56.95% and total cumulative return in cash sums $239,883. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $6,120/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
3.03 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
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Listed by: Frank J. D'Ostilio • Houlihan Lawrence WD
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24148650
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.