








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Haddam at 224 Old Cart Rd, Haddam, CT, 06438 earns from $2,576/mo rent with a $2,325/mo payment. Total monthly income totals $2,576/mo. ROI tracks 14.94% on current figures, and rental yield reads 6.51% at a $475,000 purchase. Equity gained on principal adds $3,065/yr, and 5% annual appreciation supports $131,234 over five years. Five-year ROI reaches 77.01% and total cumulative return in cash sums $121,267. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,576/mo property income instead of your personal income.
Single Family
Built in 1988
1.78 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06438, Haddam, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,236 (100%) |
| Owner Occupied HU | 949 (76.8%) |
| Renter Occupied HU | 182 (14.7%) |
| Vacant Housing Units | 105 ( 8.5%) |
| Median Home Value | $462,500 |
| Average Home Value | $605,071 |
Residential
1,113
Single Family
1,033
Multi-Family
80
Businesses
73
Date | Event | Price |
|---|---|---|
| 2020-10-29 | Sold | $313,000 |
| 2020-09-09 | Price change | $309,900 |
| 2020-08-26 | Price change | $314,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-02 | $6796.00 | 1.40% | $197,860 | N/A |
| 2023-05-02 | $6702.00 | 4.77% | $197,860 | N/A |
| 2022-05-02 | $6397.00 | 0.53% | $197,860 | N/A |



What's Special
Storage,Pull Down Stairs
Listed by: Brian Jermainne • Team Jermainne Real Estate Services, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24091212
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.