120 Gallup Hill Road APT 2ALedyardCT06339
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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 Ledyard at 120 Gallup Hill Road APT 2A, Ledyard, CT, 06339 offers a 9.41% rental yield on a $115,000 purchase with $902/mo rent. Total monthly income registers $902/mo, and a $563/mo payment leaves $121/mo available for distribution. Annual cash flow reaches $1,446/yr on $38,123 to close, and return on cash invested stands at 23.7% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 124.05% and total cumulative return in cash at $47,289. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $902/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1960
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06339, Ledyard, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,371 (100%) |
| Owner Occupied HU | 2,678 (79.4%) |
| Renter Occupied HU | 537 (15.9%) |
| Vacant Housing Units | 156 ( 4.6%) |
| Median Home Value | $343,014 |
| Average Home Value | $370,114 |
Housing Distribution
Address Breakdown
Residential
3,384
Single Family
3,322
Multi-Family
62
Businesses
148
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Listed by: Kristopher J. Tramont • Real Broker CT, LLC
Mls Name: Smart MLS
Mls ID: #24141275