51 Forest Glen DriveWoodbridgeCT06525
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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 Forest Glen Drive, Woodbridge, CT, 06525 priced at $1,050,000 converts $4,034/mo rent into after a $5,139/mo obligation. Total monthly income equals $4,034/mo. Return on cash invested prints 9.44% in year one, and rental yield reads 4.61% against a $1,050,000 entry. Equity gained on principal adds $6,775/yr, while 5% annual appreciation compiles into $290,096 by year five. Five-year ROI reaches 47.38% and total cumulative return in cash sums $161,201. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $4,034/mo property income covering a $5,139/mo payment, not borrower’s personal income.
Single Family
Built in 1972
2.09 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: Patricia A. Cardozo • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24116734