22 Rossie 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
Rental property for sale in Mystic at 22 Rossie Street, Mystic, CT, 06355 generates $2,970/mo in rent, after a $2,765/mo payment. Total monthly income is $2,970/mo. Return on cash invested sits at 14.45% in year one, and rental yield is 6.31% on a $565,000 entry. Equity gained on principal adds $3,646/yr, while 5% annual appreciation builds toward $156,099 over five years. Five-year ROI reaches 74.36% and total cumulative return in cash sums $138,231. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,970/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
6,534 sqft lot
$N/A/sqft
No HOA
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Listed by: Amy Swan • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24101681
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