51 Wood Lot LaneSouthburyCT06488
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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 Southbury at 51 Wood Lot Lane, Southbury, CT, 06488 earns $69/mo cash flow from $8,392/mo rent with a $5,996/mo payment. Total monthly income totals $8,392/mo, and annual cash flow totals $822/yr on $396,900 capital. ROI tracks 20.58% on current figures, and rental yield reads 8.22% at a $1,225,000 purchase. Equity gained on principal adds $7,905/yr, and 5% annual appreciation supports $338,445 over five years. Five-year ROI reaches 107.14% and total cumulative return in cash sums $425,244. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $8,392/mo property income instead of your personal income.
Single Family
Built in 1990
1.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06488, Southbury, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,384 (100%) |
| Owner Occupied HU | 7,566 (80.6%) |
| Renter Occupied HU | 1,168 (12.4%) |
| Vacant Housing Units | 650 ( 6.9%) |
| Median Home Value | $468,971 |
| Average Home Value | $493,137 |
Housing Distribution
Address Breakdown
Residential
8,760
Single Family
8,268
Multi-Family
492
Businesses
780
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Listed by: Becky Hood • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24107544
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.