144 Warren AvenueMysticCT06355
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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 Mystic at 144 Warren Avenue, Mystic, CT, 06355 generates $3,011/mo in rent, after a $5,922/mo payment. Total monthly income is $3,011/mo. Return on cash invested sits at 4.42% in year one, and rental yield is 2.99% on a $1,210,000 entry. Equity gained on principal adds $7,808/yr, while 5% annual appreciation builds toward $334,301 over five years. Five-year ROI reaches 20.5% and total cumulative return in cash sums $80,371. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,011/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.49 Acres lot
$N/A/sqft
No HOA
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Listed by: Deb C. Bochain • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24131506
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