205 Flanders RoadNianticCT06357
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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 Niantic at 205 Flanders Road, Niantic, CT, 06357 at $303,500 posts ROI 23.4% with $292/mo cash flow from $2,354/mo rent. Total monthly income equals $2,354/mo, and annual cash flow records $3,508/yr on $100,610 to close. Return on cash invested measures 23.4% and rental yield reads 9.31% at the current $303,500. Equity gained on principal adds $1,958/yr, and 5% annual appreciation supports $83,851 by year five. Five-year ROI prints 122.36% and total cumulative return in cash totals $123,103.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,354/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1940
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06357, Niantic, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,030 (100%) |
| Owner Occupied HU | 3,800 (63.0%) |
| Renter Occupied HU | 1,172 (19.4%) |
| Vacant Housing Units | 1,058 (17.5%) |
| Median Home Value | $408,576 |
| Average Home Value | $487,963 |
Housing Distribution
Address Breakdown
Residential
5,973
Single Family
5,620
Multi-Family
353
Businesses
460
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Listed by: John Oliveri • Property Works New England
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24088435
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.