1719 Center Groton RoadLedyardCT06339
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
Rental property for sale in Ledyard at 1719 Center Groton Road, Ledyard, CT, 06339 generates $2,234/mo in rent and, after a $1,566/mo payment, leaves $60/mo in cash flow. Total monthly income is $2,234/mo, and annual cash flow is $722/yr on $106,047 invested. Return on cash invested sits at 20.59% in year one, and rental yield is 8.38% on a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 107.33% and total cumulative return in cash sums $113,816. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,234/mo property income rather than buyer’s personal income.
Single Family
Built in 1962
1.55 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Royal Watrous • Sunset Creek Realty, LLC
Mls Name: Smart MLS
Mls ID: #24135410