222 Tyler AvenueGrotonCT06340
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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 Groton at 222 Tyler Avenue, Groton, CT, 06340 priced at $421,000 pairs $4,021/mo rent with $1,160/mo cash flow after a $2,061/mo payment. Total monthly income equals $4,021/mo, and annual cash flow comes to $13,921/yr on $139,562 invested. Return on cash invested is 29.88% in year one, and rental yield stands at 11.46% on a $421,000 basis. Equity gained on principal adds $2,717/yr, and 5% annual appreciation accumulates to $116,315 by year five. Five-year ROI measures 157.15% and total cumulative return in cash reaches $219,321. For financing, Ziffy Mortgage’s DSCR program evaluates $4,021/mo property income against a $2,061/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06340, Groton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,385 (100%) |
| Owner Occupied HU | 5,380 (37.4%) |
| Renter Occupied HU | 7,220 (50.2%) |
| Vacant Housing Units | 1,785 (12.4%) |
| Median Home Value | $326,691 |
| Average Home Value | $429,967 |
Housing Distribution
Address Breakdown
Residential
13,000
Single Family
10,143
Multi-Family
2,857
Businesses
869
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Listed by: Jacqueline L. Beckwith • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24126887
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.