102 Spyglass Circle #102GrotonCT06340
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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 Groton at 102 Spyglass Circle #102, Groton, CT, 06340 earns from $2,526/mo rent with a $1,701/mo payment. Total monthly income totals $2,526/mo. ROI tracks 17.61% on current figures, and rental yield reads 8.72% at a $347,500 purchase. Equity gained on principal adds $2,242/yr, and 5% annual appreciation supports $96,008 over five years. Five-year ROI reaches 92.79% and total cumulative return in cash sums $106,893. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,526/mo property income instead of your personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
$385 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06340, Groton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,385 (100%) |
| Owner Occupied HU | 5,380 (37.4%) |
| Renter Occupied HU | 7,220 (50.2%) |
| Vacant Housing Units | 1,785 (12.4%) |
| Median Home Value | $326,691 |
| Average Home Value | $429,967 |
Housing Distribution
Address Breakdown
Residential
13,000
Single Family
10,143
Multi-Family
2,857
Businesses
869
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Listed by: Tina Luft • Kazantzis Real Estate, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24103427
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.