15 Harvest GlenEast LymeCT06333
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 15 Harvest Glen, East Lyme, CT, 06333 offers $5,616/mo rent that, after a $4,772/mo payment. Total monthly income is $5,616/mo. Return on cash invested measures 16.29% in year one, and rental yield stands at 6.91% at a $975,000 entry. Equity gained on principal adds $6,292/yr while 5% annual appreciation compounds into $269,375 by year five. Five-year ROI records 84.19% and total cumulative return in cash reaches $270,063. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $5,616/mo property income versus a $4,772/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
1.19 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Amy B. Rubin • RE/MAX Legends
Mls Name: Smart MLS
Mls ID: #24119376