10 Godfrey StreetMysticCT06355
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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 Mystic at 10 Godfrey Street, Mystic, CT, 06355 priced at $400,000 pairs $6,218/mo rent with $3,500/mo cash flow after a $1,958/mo payment. Total monthly income equals $6,218/mo, and annual cash flow comes to $42,000/yr on $132,600 invested. Return on cash invested is 51.58% in year one, and rental yield stands at 18.65% on a $400,000 basis. Equity gained on principal adds $2,581/yr, and 5% annual appreciation accumulates to $110,513 by year five. Five-year ROI measures 273.48% and total cumulative return in cash reaches $362,632. For financing, Ziffy Mortgage’s DSCR program evaluates $6,218/mo property income against a $1,958/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1905
9,583 sqft lot
$N/A/sqft
No HOA
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Listed by: Dan Contino • eXp Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24094608
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