63 Schofield Rd APT 60WillingtonCT06279
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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
Rental property for sale in Willington at 63 Schofield Rd APT 60, Willington, CT, 06279 generates $1,195/mo in rent, after a $734/mo payment. Total monthly income is $1,195/mo. Return on cash invested sits at 16.94% in year one, and rental yield is 9.57% on a $149,900 entry. Equity gained on principal adds $967/yr, while 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 90.43% and total cumulative return in cash sums $44,939. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,195/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
N/A lot
$N/A/sqft
$299 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06279, Willington, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,732 (100%) |
| Owner Occupied HU | 1,720 (63.0%) |
| Renter Occupied HU | 786 (28.8%) |
| Vacant Housing Units | 226 ( 8.3%) |
| Median Home Value | $375,936 |
| Average Home Value | $436,629 |
Housing Distribution
Address Breakdown
Residential
2,586
Single Family
2,315
Multi-Family
271
Businesses
134
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Listed by: Team Rio of Executive Real Estate • Executive Real Estate Inc.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24093251
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.