817 East Wakefield BoulevardWinstedCT06098
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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 Winsted at 817 East Wakefield Boulevard, Winsted, CT, 06098 listed at $225,000 pairs $1,590/mo rent with a $1,101/mo payment to leave $62/mo cash flow. Total monthly income runs $1,590/mo, and annual cash flow reaches $738/yr on $74,588 cash to close. Return on cash invested measures 20.9% in year one, and rental yield registers 8.48% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 108.98% and total cumulative return in cash totals $81,285. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,590/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06098, Winsted, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,484 (100%) |
| Owner Occupied HU | 2,978 (54.3%) |
| Renter Occupied HU | 1,763 (32.1%) |
| Vacant Housing Units | 743 (13.5%) |
| Median Home Value | $284,893 |
| Average Home Value | $365,792 |
Housing Distribution
Address Breakdown
Residential
4,821
Single Family
4,459
Multi-Family
362
Businesses
397
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Listed by: George M. Sznaj • DB Associates of CT, LLC
Mls Name: Smart MLS
Mls ID: #24143747