20 Providence Nl Tpke #14ANorth StoningtonCT06359
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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 North Stonington at 20 Providence Nl Tpke #14A, North Stonington, CT, 06359 listed at $175,000 pairs $1,345/mo rent with a $857/mo payment to leave $156/mo cash flow. Total monthly income runs $1,345/mo, and annual cash flow reaches $1,866/yr on $58,013 cash to close. Return on cash invested measures 23.13% in year one, and rental yield registers 9.22% at a $175,000 basis. Equity gained on principal adds $1,129/yr, and annual property appreciation at 5% supports $48,349 by year five. Five-year ROI tracks 120.92% and total cumulative return in cash totals $70,147. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,345/mo property income relative to a $857/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06359, North Stonington, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,297 (100%) |
| Owner Occupied HU | 1,864 (81.1%) |
| Renter Occupied HU | 221 ( 9.6%) |
| Vacant Housing Units | 212 ( 9.2%) |
| Median Home Value | $413,212 |
| Average Home Value | $451,664 |
Housing Distribution
Address Breakdown
Residential
2,111
Single Family
2,111
Multi-Family
0
Businesses
120
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Listed by: Darice Joerman • Garden Homes Management
Mls Name: My State MLS
Mls ID: #11603324