68 Apple Tree LaneWallingfordCT06492
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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 Wallingford at 68 Apple Tree Lane, Wallingford, CT, 06492 at $511,000 posts ROI 23.59% with $495/mo cash flow from $3,967/mo rent. Total monthly income equals $3,967/mo, and annual cash flow records $5,941/yr on $168,119 to close. Return on cash invested measures 23.59% and rental yield reads 9.32% at the current $511,000. Equity gained on principal adds $3,297/yr, and 5% annual appreciation supports $141,180 by year five. Five-year ROI prints 123.39% and total cumulative return in cash totals $207,449.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,967/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1956
0.46 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: Deborah G. Mendillo • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24139010
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.