75 Sigwin Drive #75WallingfordCT06492
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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 Wallingford at 75 Sigwin Drive #75, Wallingford, CT, 06492 uses $52,709 cash to close to unlock $4,319/yr annual cash flow and $360/mo monthly cash flow. Total monthly income runs $1,440/mo, and a $778/mo payment keeps the spread at $360/mo. Purchase price stands at $159,000, and rental yield measures 10.87% with $1,440/mo rent. Return on cash invested shows 28.1% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 147.57% and total cumulative return in cash records $77,784. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,440/mo property income covering a $778/mo payment rather than investor’s personal income.
Condo
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06492, Wallingford, CT area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
18,504
Single Family
17,175
Multi-Family
1,329
Businesses
2,086
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Listed by: Enilda Rosas • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24148599