69 Spring StreetWindsor LocksCT06096
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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
Investment property for sale in Windsor Locks at 69 Spring Street, Windsor Locks, CT, 06096 earns $53/mo cash flow from $1,731/mo rent with a $1,209/mo payment. Total monthly income totals $1,731/mo, and annual cash flow totals $632/yr on $81,881 capital. ROI tracks 20.68% on current figures, and rental yield reads 8.41% at a $247,000 purchase. Equity gained on principal adds $1,594/yr, and 5% annual appreciation supports $68,242 over five years. Five-year ROI reaches 107.78% and total cumulative return in cash sums $88,252. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,731/mo property income instead of your personal income.
Single Family
Built in 1848
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06096, Windsor Locks, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,965 (100%) |
| Owner Occupied HU | 4,201 (70.4%) |
| Renter Occupied HU | 1,533 (25.7%) |
| Vacant Housing Units | 231 ( 3.9%) |
| Median Home Value | $302,712 |
| Average Home Value | $318,641 |
Housing Distribution
Address Breakdown
Residential
5,714
Single Family
5,089
Multi-Family
625
Businesses
597
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Listed by: The Cordiliko Team at Realty One Group • Realty One Group Cutting Edge
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24097926
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.