88 Highland StreetWethersfieldCT06109
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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 88 Highland Street, Wethersfield, CT, 06109 with 5% annual appreciation on a $469,000 basis while $4,038/mo rent supports operations. Total monthly income totals $4,038/mo and a $2,296/mo payment preserves $851/mo for cash returns. Annual cash flow comes to $10,211/yr on $155,474 deployed, and return on cash invested reaches 26.48% in year one. Equity gained on principal adds $3,026/yr, and five-year appreciation sums $129,576 alongside rental yield of 10.33%. Five-year ROI measures 138.85% and total cumulative return in cash totals $215,875.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $4,038/mo property income versus a $2,296/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1988
0.36 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: Michael Willin • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24123039