10 Pleasant 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 Pleasant Street, Mystic, CT, 06355 offers $3,000/mo rent that, after a $3,377/mo payment. Total monthly income is $3,000/mo. Return on cash invested measures 11.14% in year one, and rental yield stands at 5.22% at a $690,000 entry. Equity gained on principal adds $4,452/yr while 5% annual appreciation compounds into $190,634 by year five. Five-year ROI records 56.56% and total cumulative return in cash reaches $128,408. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,000/mo property income versus a $3,377/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1969
10,454 sqft lot
$N/A/sqft
No HOA
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Listed by: Nancy A. A. McAndrew • Compass Connecticut, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24125762
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.