16 Soule StGriswoldCT06351
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 Griswold at 16 Soule St, Griswold, CT, 06351 offers a 5.91% rental yield on a $359,555 purchase with $1,770/mo rent. 13% in year one. Equity gained on principal adds $2,320/yr while 5% annual appreciation supports $99,338 over five years. Portfolio math shows five-year ROI at 67.28% and total cumulative return in cash at $80,198. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,770/mo property income against a $1,760/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1906
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06351, Jewett City, CT area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
6,841
Single Family
6,654
Multi-Family
187
Businesses
268
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ashley Walker • Brunet and Company Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24085654
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.