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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 1604 Glasgo Rd, Griswold, CT, 06351 uses $130,943 cash to close to unlock $8,430/yr annual cash flow and $703/mo monthly cash flow. Total monthly income runs $3,386/mo, and a $1,933/mo payment keeps the spread at $703/mo. Purchase price stands at $395,000, and rental yield measures 10.29% with $3,386/mo rent. Return on cash invested shows 26.35% in year one, and 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 138.18% and total cumulative return in cash records $180,930. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,386/mo property income covering a $1,933/mo payment rather than investor’s personal income.
Single Family
Built in 1992
1.03 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 |
|---|---|---|
| 2025-04-18 | Listed for sale | $395,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-21 | $4414.00 | 5.85% | $166,320 | N/A |
| 2023-04-21 | $4170.00 | N/A | $166,320 | N/A |
| 2022-04-21 | $4170.00 | 2.16% | $166,320 | 17.92% |
What's Special
Access Via Hatch
Listed by: Patricia A. Malek • First Choice Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24087166
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.
