138 Boston Post Road #17East 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
Rental property for sale in East Lyme at 138 Boston Post Road #17, East Lyme, CT, 06333 generates $2,160/mo in rent, after a $1,982/mo payment. Total monthly income is $2,160/mo. Return on cash invested sits at 14.62% in year one, and rental yield is 6.4% on a $404,900 entry. Equity gained on principal adds $2,613/yr, while 5% annual appreciation builds toward $111,866 over five years. Five-year ROI reaches 75.3% and total cumulative return in cash sums $101,070. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,160/mo property income rather than buyer’s personal income.
Condo
Built in 2025
N/A 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: Holly Garrett • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls ID: #24130516