174 Old Boston Post Road APT 10Old SaybrookCT06475
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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 Old Saybrook at 174 Old Boston Post Road APT 10, Old Saybrook, CT, 06475 listed at $215,000 pairs $2,534/mo rent with a $1,052/mo payment to leave $744/mo cash flow. Total monthly income runs $2,534/mo, and annual cash flow reaches $8,922/yr on $71,273 cash to close. Return on cash invested measures 32.43% in year one, and rental yield registers 14.14% at a $215,000 basis. Equity gained on principal adds $1,387/yr, and annual property appreciation at 5% supports $59,401 by year five. Five-year ROI tracks 172.8% and total cumulative return in cash totals $123,157. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,534/mo property income relative to a $1,052/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1979
N/A lot
$N/A/sqft
$330 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06475, Old Saybrook, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,058 (100%) |
| Owner Occupied HU | 3,919 (64.7%) |
| Renter Occupied HU | 884 (14.6%) |
| Vacant Housing Units | 1,255 (20.7%) |
| Median Home Value | $588,618 |
| Average Home Value | $749,501 |
Housing Distribution
Address Breakdown
Residential
4,997
Single Family
4,928
Multi-Family
69
Businesses
864
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Listed by: Kayla Chasse • Compass Connecticut, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24101473
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.