9 Circle DriveNorth WindhamCT06256
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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 North Windham at 9 Circle Drive, North Windham, CT, 06256 uses $56,355 cash to close to unlock $3,420/yr annual cash flow and $285/mo monthly cash flow. Total monthly income runs $1,440/mo, and a $832/mo payment keeps the spread at $285/mo. Purchase price stands at $170,000, and rental yield measures 10.16% with $1,440/mo rent. Return on cash invested shows 25.98% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 136.17% and total cumulative return in cash records $76,737. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,440/mo property income covering a $832/mo payment rather than investor’s personal income.
Manufactured
Built in 2002
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06256, North Windham, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,307 (100%) |
| Owner Occupied HU | 858 (65.6%) |
| Renter Occupied HU | 388 (29.7%) |
| Vacant Housing Units | 61 ( 4.7%) |
| Median Home Value | $177,206 |
| Average Home Value | $201,369 |
Housing Distribution
Address Breakdown
Residential
1,038
Single Family
1,038
Multi-Family
0
Businesses
120
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Listed by: Sondra A. Reid • Home Selling Team
Mls Name: Smart MLS
Mls ID: #24124470