157 Pine Lake RoadWestbrookCT06498
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
Investment property for sale in Westbrook at 157 Pine Lake Road, Westbrook, CT, 06498 earns from $2,220/mo rent with a $3,670/mo payment. Total monthly income totals $2,220/mo. ROI tracks 6.08% on current figures, and rental yield reads 3.55% at a $749,900 purchase. Equity gained on principal adds $4,839/yr, and 5% annual appreciation supports $207,184 over five years. Five-year ROI reaches 29.45% and total cumulative return in cash sums $72,658. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,220/mo property income instead of your personal income.
Single Family
Built in 1970
2.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06498, Westbrook, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,096 (100%) |
| Owner Occupied HU | 2,427 (59.3%) |
| Renter Occupied HU | 681 (16.6%) |
| Vacant Housing Units | 988 (24.1%) |
| Median Home Value | $556,877 |
| Average Home Value | $682,440 |
Housing Distribution
Address Breakdown
Residential
3,570
Single Family
3,538
Multi-Family
32
Businesses
347
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Gigi Giordano • Compass Connecticut, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24093616
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.