2 Whittle StreetMysticCT06355
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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 Mystic at 2 Whittle Street, Mystic, CT, 06355 uses $132,269 cash to close to unlock $3,467/yr annual cash flow and $289/mo monthly cash flow. Total monthly income runs $3,000/mo, and a $1,953/mo payment keeps the spread at $289/mo. Purchase price stands at $399,000, and rental yield measures 9.02% with $3,000/mo rent. Return on cash invested shows 22.53% in year one, and 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 117.69% and total cumulative return in cash records $155,666. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,000/mo property income covering a $1,953/mo payment rather than investor’s personal income.
Single Family
Built in 1955
0.32 Acres lot
$N/A/sqft
No HOA
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Listed by: Renee R. McCammon • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24119063
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