South Windsor is located in a good market for 5+ unit multifamily loans. Multifamily loans in South Windsor are considered lower risk due to market size and stable regional economy. Interest rates for multifamily loans in South Windsor are competitive. South Windsor apartments may be eligible for non-recourse multifamily loans up to 80% and other favorable terms like long term fixed rates and interest only payment options. SoftQuotes' lenders will lend on 5+ unit multifamily properties in South Windsor.
SoftQuotes' Fannie Mae® and Freddie Mac® lender rates for 5+ unit multifamily loans in South Windsor are:
Fannie Mae® |
$1M to $6M |
|---|---|
| 5 Year Fixed | 7.07% - 7.81% |
| 7 Year Fixed | 6.96% - 7.47% |
| 10 Year Fixed | 6.90% - 7.30% |
Freddie Mac® |
$1M to $7.5M |
|---|---|
| 5 Year Fixed | 6.99% - 7.23% |
| 7 Year Fixed | 6.68% - 6.92% |
| 10 Year Fixed | 6.64% - 6.88% |
Fannie Mae® |
$6M to $100M |
|---|---|
| 5 Year Fixed | 6.87% - 7.61% |
| 7 Year Fixed | 6.76% - 7.27% |
| 10 Year Fixed | 6.70% - 7.10% |
Freddie Mac® |
$7.5M to $100M |
|---|---|
| 5 Year Fixed | 6.10% - 6.20% |
| 7 Year Fixed | 6.11% - 6.21% |
| 10 Year Fixed | 6.04% - 6.34% |
All major multifamily lender types are lending in South Windsor.
The city of South Windsor in Hartford County has a population of 25,898. The median rent in Hartford County for a 2 bedroom is $1,437. The median South Windsor resident is 42 years old with a yearly income of $47,906. The average family has 3.12 members and a median household income of $107,374. South Windsor has a 49% higher education rate. The unemployment rate in South Windsor is 3.8%.
16.2% of South Windsor households are renters.
36% median household income spent on rent.
Bedrooms |
Hartford County 1 |
Connecticut 2 |
National 2 |
|---|---|---|---|
| Studio | $948 | $974 | $737 |
| 1 bedroom | $1,164 | $1,155 | $813 |
| 2 bedroom | $1,437 | $1,442 | $1,015 |
| 3 bedroom | $1,787 | $1,820 | $1,325 |
| 4 bedroom | $2,089 | $2,144 | $1,521 |
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