12 Elizabeth Court #12, Mystic, CT, 06355 | 5% Rental Yield

For Sale

Listed for sale 6 days ago

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Mystic at 12 Elizabeth Court #12, Mystic, CT, 06355 generates $3,000/mo in rent, after a $3,524/mo payment. Total monthly income is $3,000/mo. Return on cash invested sits at 10.48% in year one, and rental yield is 5% on a $719,900 entry. Equity gained on principal adds $4,645/yr, while 5% annual appreciation builds toward $198,895 over five years. Five-year ROI reaches 53.04% and total cumulative return in cash sums $125,615. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,000/mo property income rather than buyer’s personal income.

Condo

Built in 1997

N/A lot

$N/A/sqft

No HOA