70 Stillman RoadWethersfieldCT06109
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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 Wethersfield at 70 Stillman Road, Wethersfield, CT, 06109 listed at $298,000 pairs $2,717/mo rent with a $1,459/mo payment to leave $692/mo cash flow. Total monthly income runs $2,717/mo, and annual cash flow reaches $8,302/yr on $98,787 cash to close. Return on cash invested measures 28.31% in year one, and rental yield registers 10.94% at a $298,000 basis. Equity gained on principal adds $1,923/yr, and annual property appreciation at 5% supports $82,332 by year five. Five-year ROI tracks 148.7% and total cumulative return in cash totals $146,900. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,717/mo property income relative to a $1,459/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1965
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06109, Wethersfield, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 12,055 (100%) |
| Owner Occupied HU | 8,807 (73.1%) |
| Renter Occupied HU | 2,878 (23.9%) |
| Vacant Housing Units | 370 ( 3.1%) |
| Median Home Value | $356,914 |
| Average Home Value | $381,808 |
Housing Distribution
Address Breakdown
Residential
11,825
Single Family
10,382
Multi-Family
1,443
Businesses
667
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Listed by: Barbara T. Myslinski-Krucko • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24138409