89 Munson RoadWolcottCT06716
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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
Rental property for sale in Wolcott at 89 Munson Road, Wolcott, CT, 06716 offers $2,340/mo rent that, after a $1,581/mo payment, leaves $145/mo cash flow. Total monthly income is $2,340/mo, and annual cash flow is $1,744/yr on $107,075 cash. Return on cash invested measures 21.54% in year one, and rental yield stands at 8.69% at a $323,000 entry. Equity gained on principal adds $2,084/yr while 5% annual appreciation compounds into $89,239 by year five. Five-year ROI records 112.39% and total cumulative return in cash reaches $120,345. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,340/mo property income versus a $1,581/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06716, Wolcott, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,411 (100%) |
| Owner Occupied HU | 5,399 (84.2%) |
| Renter Occupied HU | 768 (12.0%) |
| Vacant Housing Units | 244 ( 3.8%) |
| Median Home Value | $387,037 |
| Average Home Value | $432,363 |
Housing Distribution
Address Breakdown
Residential
6,219
Single Family
6,001
Multi-Family
218
Businesses
468
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Listed by: Jaclyn M. Brancato • New England Prestige Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24097682
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.