17 High Ridge DrivePawcatuckCT06379
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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
Investment property for sale in Pawcatuck at 17 High Ridge Drive, Pawcatuck, CT, 06379 with 5% annual appreciation on a $879,000 basis while $3,000/mo rent supports operations. 66% in year one. Equity gained on principal adds $5,672/yr, and five-year appreciation sums $242,851 alongside rental yield of 4.1%. Five-year ROI measures 37.95% and total cumulative return in cash totals $109,746. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,000/mo property income versus a $4,302/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1993
1.84 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06379, Pawcatuck, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,337 (100%) |
| Owner Occupied HU | 2,689 (62.0%) |
| Renter Occupied HU | 1,305 (30.1%) |
| Vacant Housing Units | 343 ( 7.9%) |
| Median Home Value | $423,122 |
| Average Home Value | $493,105 |
Housing Distribution
Address Breakdown
Residential
4,074
Single Family
3,861
Multi-Family
213
Businesses
262
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Listed by: Karen Hanson • Stonington Realty, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24112723
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.