60 Woodland DriveCenterbrookCT06409
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
Investment Highlights
Investment property for sale in Centerbrook at 60 Woodland Drive, Centerbrook, CT, 06409 with 5% annual appreciation on a $465,000 basis while $3,545/mo rent supports operations. Total monthly income totals $3,545/mo and a $2,276/mo payment preserves $386/mo for cash returns. Annual cash flow comes to $4,626/yr on $154,148 deployed, and return on cash invested reaches 22.91% in year one. Equity gained on principal adds $3,001/yr, and five-year appreciation sums $128,471 alongside rental yield of 9.15%. Five-year ROI measures 119.73% and total cumulative return in cash totals $184,559.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,545/mo property income versus a $2,276/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1961
1.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06409, Centerbrook, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 370 (100%) |
| Owner Occupied HU | 218 (58.9%) |
| Renter Occupied HU | 143 (38.6%) |
| Vacant Housing Units | 9 ( 2.4%) |
| Median Home Value | $553,738 |
| Average Home Value | $574,323 |
Housing Distribution
Address Breakdown
Residential
307
Single Family
285
Multi-Family
22
Businesses
155
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shawn Atkinson • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24086702
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.