536 Elm StreetWindsor LocksCT06096
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Nearby investment properties with comparable prices
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 Windsor Locks at 536 Elm Street, Windsor Locks, CT, 06096 priced at $275,000 pairs $2,040/mo rent with $172/mo cash flow after a $1,346/mo payment. Total monthly income equals $2,040/mo, and annual cash flow comes to $2,058/yr on $91,163 invested. Return on cash invested is 22.17% in year one, and rental yield stands at 8.9% on a $275,000 basis. Equity gained on principal adds $1,775/yr, and 5% annual appreciation accumulates to $75,977 by year five. Five-year ROI measures 115.76% and total cumulative return in cash reaches $105,527. For financing, Ziffy Mortgage’s DSCR program evaluates $2,040/mo property income against a $1,346/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1957
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06096, Windsor Locks, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,965 (100%) |
| Owner Occupied HU | 4,201 (70.4%) |
| Renter Occupied HU | 1,533 (25.7%) |
| Vacant Housing Units | 231 ( 3.9%) |
| Median Home Value | $302,712 |
| Average Home Value | $318,641 |
Housing Distribution
Address Breakdown
Residential
5,714
Single Family
5,089
Multi-Family
625
Businesses
597
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Listed by: Debbieann Durkin • Platinum Realty,LLC
Mls Name: Smart MLS
Mls ID: #24136172