1077 Pleasant Valley Rd NGrotonCT06340
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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 Groton at 1077 Pleasant Valley Rd N, Groton, CT, 06340 priced at $342,000 converts $3,331/mo rent into $647/mo cash flow after a $1,674/mo obligation. Total monthly income equals $3,331/mo, and annual cash flow totals $7,766/yr on $113,373 invested. Return on cash invested prints 26.76% in year one, and rental yield reads 11.69% against a $342,000 entry. Equity gained on principal adds $2,207/yr, while 5% annual appreciation compiles into $94,488 by year five. Five-year ROI reaches 141.78% and total cumulative return in cash sums $160,738. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,331/mo property income covering a $1,674/mo payment, not borrower’s personal income.
Condo
Built in 2006
N/A lot
$N/A/sqft
$360 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: The Real Team at William Raveis Real Estate • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24046217
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.