91 Pond Hill RoadWallingfordCT06492
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 91 Pond Hill Road, Wallingford, CT, 06492 offers a 8.22% rental yield on a $375,000 purchase with $2,569/mo rent. Total monthly income registers $2,569/mo, and a $1,835/mo payment leaves $22/mo available for distribution. Annual cash flow reaches $258/yr on $124,313 to close, and return on cash invested stands at 20.12% in year one. Equity gained on principal adds $2,420/yr while 5% annual appreciation supports $103,606 over five years. Portfolio math shows five-year ROI at 104.76% and total cumulative return in cash at $130,227. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,569/mo property income against a $1,835/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
0.57 Acres lot
$N/A/sqft
No 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: Charles B. Kroopneck • Charles Kroopneck Real Estate
Mls Name: Smart MLS
Mls ID: #24137505