670 Williams RoadWallingfordCT06492
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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 Wallingford at 670 Williams Road, Wallingford, CT, 06492 priced at $370,000 converts $3,434/mo rent into $920/mo cash flow after a $1,811/mo obligation. Total monthly income equals $3,434/mo, and annual cash flow totals $11,040/yr on $122,655 invested. Return on cash invested prints 28.91% in year one, and rental yield reads 11.14% against a $370,000 entry. Equity gained on principal adds $2,388/yr, while 5% annual appreciation compiles into $102,224 by year five. Five-year ROI reaches 151.89% and total cumulative return in cash sums $186,305. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,434/mo property income covering a $1,811/mo payment, not borrower’s personal income.
Single Family
Built in 1962
1.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06492, Wallingford, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,895 (100%) |
| Owner Occupied HU | 13,044 (69.0%) |
| Renter Occupied HU | 5,071 (26.8%) |
| Vacant Housing Units | 780 ( 4.1%) |
| Median Home Value | $387,324 |
| Average Home Value | $416,671 |
Housing Distribution
Address Breakdown
Residential
18,504
Single Family
17,175
Multi-Family
1,329
Businesses
2,086
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Listed by: Nikki Trocchio • Calcagni Real Estate
Mls Name: Smart MLS
Mls ID: #24138967