70 Clinton Hill RoadWolcottCT06716
Nearby investment properties with comparable rents
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
Rental property for sale in Wolcott at 70 Clinton Hill Road, Wolcott, CT, 06716 priced at $375,000 converts $3,115/mo rent into $568/mo cash flow after a $1,835/mo obligation. Total monthly income equals $3,115/mo, and annual cash flow totals $6,810/yr on $124,313 invested. Return on cash invested prints 25.39% in year one, and rental yield reads 9.97% against a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation compiles into $103,606 by year five. Five-year ROI reaches 133.03% and total cumulative return in cash sums $165,375. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,115/mo property income covering a $1,835/mo payment, not borrower’s personal income.
Single Family
Built in 1956
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06716, Wolcott, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,411 (100%) |
| Owner Occupied HU | 5,399 (84.2%) |
| Renter Occupied HU | 768 (12.0%) |
| Vacant Housing Units | 244 ( 3.8%) |
| Median Home Value | $387,037 |
| Average Home Value | $432,363 |
Housing Distribution
Address Breakdown
Residential
6,219
Single Family
6,001
Multi-Family
218
Businesses
468
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Charlie Leogrande • Weichert REALTORS Briotti Group
Mls Name: Smart MLS
Mls ID: #24138918