8 Saint Andrews Cir UNIT 5WallingfordCT06492
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
Investment property for sale in Wallingford at 8 Saint Andrews Cir UNIT 5, Wallingford, CT, 06492 offers a 9.13% rental yield on a $380,000 purchase with $2,891/mo rent. Total monthly income registers $2,891/mo, and a $1,860/mo payment leaves $19/mo available for distribution. Annual cash flow reaches $228/yr on $125,970 to close, and return on cash invested stands at 20.09% in year one. Equity gained on principal adds $2,452/yr while 5% annual appreciation supports $104,987 over five years. Portfolio math shows five-year ROI at 105.59% and total cumulative return in cash at $133,009. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,891/mo property income against a $1,860/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1996
N/A lot
$N/A/sqft
$290 monthly 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sam E. Ratner • Keller Williams Realty Prtnrs.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24077283
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.