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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Griswold at 146 Mackin Drive, Griswold, CT, 06351 listed at $650,000 pairs $1,710/mo rent with a $3,181/mo payment. Total monthly income runs $1,710/mo. Return on cash invested measures 4.88% in year one, and rental yield registers 3.16% at a $650,000 basis. Equity gained on principal adds $4,194/yr, and annual property appreciation at 5% supports $179,583 by year five. Five-year ROI tracks 22.99% and total cumulative return in cash totals $49,154. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,710/mo property income relative to a $3,181/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06351, Jewett City, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,900 (100%) |
| Owner Occupied HU | 4,952 (71.8%) |
| Renter Occupied HU | 1,496 (21.7%) |
| Vacant Housing Units | 452 ( 6.6%) |
| Median Home Value | $331,876 |
| Average Home Value | $371,175 |
Residential
6,841
Single Family
6,654
Multi-Family
187
Businesses
268
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Michaela M. Lamb • Sold by Michaela
Mls Name: Smart MLS
Mls ID: #24112411
