11 Mountain View RdEast LymeCT06333
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 East Lyme at 11 Mountain View Rd, East Lyme, CT, 06333 priced at $499,000 converts $3,725/mo rent into $335/mo cash flow after a $2,442/mo obligation. Total monthly income equals $3,725/mo, and annual cash flow totals $4,019/yr on $165,419 invested. Return on cash invested prints 22.34% in year one, and rental yield reads 8.96% against a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation compiles into $137,865 by year five. Five-year ROI reaches 116.65% and total cumulative return in cash sums $192,966. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,725/mo property income covering a $2,442/mo payment, not borrower’s personal income.
Single Family
Built in 1974
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06333, East Lyme, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,208 (100%) |
| Owner Occupied HU | 2,254 (70.3%) |
| Renter Occupied HU | 722 (22.5%) |
| Vacant Housing Units | 232 ( 7.2%) |
| Median Home Value | $489,394 |
| Average Home Value | $506,237 |
Housing Distribution
Address Breakdown
Residential
3,025
Single Family
3,011
Multi-Family
14
Businesses
236
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Listed by: Quincy Clayton • NextHome Elite Realty
Mls Name: NextHome
Mls ID: #24130238