








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Wallingford at 72-74 N Cherry St, Wallingford, CT, 06492 offers a 4.91% rental yield on a $590,000 purchase with $2,416/mo rent. 21% in year one. Equity gained on principal adds $3,807/yr while 5% annual appreciation supports $163,006 over five years. Portfolio math shows five-year ROI at 51.6% and total cumulative return in cash at $100,168. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,416/mo property income against a $2,888/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1910
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06492, Wallingford, CT area.
| 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 |
Residential
18,504
Single Family
17,175
Multi-Family
1,329
Businesses
2,086
Date | Event | Price |
|---|---|---|
| 2025-04-30 | Price change | $590,000 |
| 2025-04-07 | Listed for sale | $615,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



What's Special
None
Listed by: Ana Skarzynski • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24092283
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.