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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Wethersfield at 59 McMullen Ave, Wethersfield, CT, 06109 offers $3,082/mo rent that, after a $1,676/mo payment, leaves $749/mo cash flow. Total monthly income is $3,082/mo, and annual cash flow is $8,984/yr on $113,539 cash. Return on cash invested measures 27.82% in year one, and rental yield stands at 10.8% at a $342,500 entry. Equity gained on principal adds $2,210/yr while 5% annual appreciation compounds into $94,626 by year five. Five-year ROI records 146.11% and total cumulative return in cash reaches $165,887. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,082/mo property income versus a $1,676/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1914
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06109, Wethersfield, CT area.
| 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 |
Residential
11,825
Single Family
10,382
Multi-Family
1,443
Businesses
667
Date | Event | Price |
|---|---|---|
| 2024-09-25 | Listed for rent | $2,700 |
| 2024-09-12 | Price change | $342,500 |
| 2024-09-04 | Listed for sale | $345,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $6175.00 | 1.71% | $147,790 | N/A |
| 2022-10-15 | $6071.00 | 1.00% | $147,790 | N/A |
| 2021-10-15 | $6011.00 | -0.05% | $147,790 | N/A |
What's Special
Walk-up
Listed by: Adam Zak • Century 21 Classic Homes
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24044024
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.
