13 Charter Oak DriveEast LymeCT06333
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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 East Lyme at 13 Charter Oak Drive, East Lyme, CT, 06333 earns from $4,212/mo rent with a $3,128/mo payment. Total monthly income totals $4,212/mo. ROI tracks 19.32% on current figures, and rental yield reads 7.91% at a $639,000 purchase. Equity gained on principal adds $4,123/yr, and 5% annual appreciation supports $176,544 over five years. Five-year ROI reaches 100.43% and total cumulative return in cash sums $211,132. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,212/mo property income instead of your personal income.
Single Family
Built in 1974
0.47 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: Heidi Hoss • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24118354