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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 Old Saybrook at 2 Whitney Ave, Old Saybrook, CT, 06475 offers a 6.44% rental yield on a $599,000 purchase with $3,214/mo rent. 85% in year one. Equity gained on principal adds $3,865/yr while 5% annual appreciation supports $165,493 over five years. Portfolio math shows five-year ROI at 76.45% and total cumulative return in cash at $150,670. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,214/mo property income against a $2,932/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06475, Old Saybrook, CT area.
| 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 |
Residential
4,997
Single Family
4,928
Multi-Family
69
Businesses
864
Date | Event | Price |
|---|---|---|
| 2025-04-03 | Listed for sale | $599,000 |
| 2009-08-04 | Sold | $255,000 |
| 2009-06-20 | Price change | $299,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-03 | $5208.00 | 10.83% | $342,600 | 49.09% |
| 2023-04-03 | $4699.00 | 1.84% | $229,800 | N/A |
| 2022-04-03 | $4614.00 | 0.15% | $229,800 | N/A |
What's Special
Storage,Pull Down Stairs
Listed by: BROOKE TEAM AT EXP REALTY • eXp Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24069136
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.
