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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Cromwell at 6B Wightman Pl, Cromwell, CT, 06416 priced at $299,000 converts $2,990/mo rent into $947/mo cash flow after a $1,463/mo obligation. Total monthly income equals $2,990/mo, and annual cash flow totals $11,363/yr on $99,119 invested. Return on cash invested prints 31.37% in year one, and rental yield reads 12% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 165.16% and total cumulative return in cash sums $163,702. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,990/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in 1981
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06416, Cromwell, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,413 (100%) |
| Owner Occupied HU | 4,827 (75.3%) |
| Renter Occupied HU | 1,384 (21.6%) |
| Vacant Housing Units | 202 ( 3.1%) |
| Median Home Value | $406,672 |
| Average Home Value | $444,400 |
Residential
6,270
Single Family
5,268
Multi-Family
1,002
Businesses
569
Date | Event | Price |
|---|---|---|
| 2025-03-27 | Listed for sale | $299,000 |
| 2016-06-30 | Sold | $225,000 |
| 2016-05-15 | Pending sale | $229,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-30 | $5466.00 | 2.24% | $181,790 | N/A |
| 2023-03-30 | $5346.00 | 8.70% | $181,790 | 23.20% |
| 2022-03-30 | $4918.00 | N/A | $147,560 | N/A |
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Listed by: The Huscher Team at Real Broker CT • Real Broker CT, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24082999
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.
