59 McMullen AveWethersfieldCT06109
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 59 McMullen Ave, Wethersfield, CT, 06109 in Wethersfield. Priced at $342,500, it generates $3,082/mo in gross rent and $748/mo in net monthly cash flow, a 10.8% yield that comfortably supports the 2.00 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $8,975. Five-year appreciation: $94,626. Equity from principal paydown: $3,154/yr. Total projected cumulative return: $178,984.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.8% | 6.0% |
| Monthly Cash Flow | $748 | $1,200 |
City averages based on Wethersfield market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,082 |
| Total Monthly Debt Service | $2,197 |
| DSCR Ratio | 1.40x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1914
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06109, Wethersfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,055 (100%) |
| Owner Occupied HU | 8,807 (73.1%) |
| Renter Occupied HU | 2,878 (23.9%) |
| Vacant Housing Units | 370 ( 3.1%) |
| Median Home Value | $356,914 |
| Average Home Value | $381,808 |
Housing Distribution
Address Breakdown
Residential
11,825
Single Family
10,382
Multi-Family
1,443
Businesses
667
Nearby investment properties with comparable rents
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
Single Family
Built in 1914
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06109, Wethersfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,055 (100%) |
| Owner Occupied HU | 8,807 (73.1%) |
| Renter Occupied HU | 2,878 (23.9%) |
| Vacant Housing Units | 370 ( 3.1%) |
| Median Home Value | $356,914 |
| Average Home Value | $381,808 |
Housing Distribution
Address Breakdown
Residential
11,825
Single Family
10,382
Multi-Family
1,443
Businesses
667
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices