








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 Old Lyme at 15 Hawks Nest Road, Old Lyme, CT, 06371 at $639,900 posts ROI 9.15% with from $2,446/mo rent. Total monthly income equals $2,446/mo. Return on cash invested measures 9.15% and rental yield reads 4.59% at the current $639,900. Equity gained on principal adds $4,129/yr, and 5% annual appreciation supports $176,793 by year five. Five-year ROI prints 45.94% and total cumulative return in cash totals $96,707. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,446/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1960
0.26 Acres lot
$N/A/sqft
$150 annually HOA
Neighborhood data shown for ZIP Code: 06371, Old Lyme, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,220 (100%) |
| Owner Occupied HU | 3,777 (60.7%) |
| Renter Occupied HU | 593 ( 9.5%) |
| Vacant Housing Units | 1,850 (29.7%) |
| Median Home Value | $574,604 |
| Average Home Value | $675,310 |
Residential
4,922
Single Family
4,922
Multi-Family
0
Businesses
368
Date | Event | Price |
|---|---|---|
| 2025-06-24 | Listed for sale | $639,900 |
| 2017-04-21 | Sold | $372,450 |
| 2004-11-12 | Sold | $374,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-29 | $5673.00 | 3.83% | $232,500 | N/A |
| 2023-06-29 | $5464.00 | N/A | $232,500 | N/A |
| 2022-06-29 | $5464.00 | 0.87% | $232,500 | N/A |



What's Special
None
Listed by: Scott Pellerin • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24106321
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.