1649 Center Groton RoadLedyardCT06339
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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 Ledyard at 1649 Center Groton Road, Ledyard, CT, 06339 generates $3,412/mo in rent and, after a $2,247/mo payment, leaves $293/mo in cash flow. Total monthly income is $3,412/mo, and annual cash flow is $3,515/yr on $152,159 invested. Return on cash invested sits at 22.22% in year one, and rental yield is 8.92% on a $459,000 entry. Equity gained on principal adds $2,962/yr, while 5% annual appreciation builds toward $126,813 over five years. Five-year ROI reaches 116.01% and total cumulative return in cash sums $176,519. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,412/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
1.43 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06339, Ledyard, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,371 (100%) |
| Owner Occupied HU | 2,678 (79.4%) |
| Renter Occupied HU | 537 (15.9%) |
| Vacant Housing Units | 156 ( 4.6%) |
| Median Home Value | $343,014 |
| Average Home Value | $370,114 |
Housing Distribution
Address Breakdown
Residential
3,384
Single Family
3,322
Multi-Family
62
Businesses
148
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Listed by: Tom Drill • Coldwell Banker Realty
Mls Name: Smart MLS
Mls ID: #24147517