23 Ivy Hill Road #23, Waterford, CT, 06385 | 5.58% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Waterford at 23 Ivy Hill Road #23, Waterford, CT, 06385 listed at $645,000 pairs $3,000/mo rent with a $3,157/mo payment. Total monthly income runs $3,000/mo. Return on cash invested measures 12.24% in year one, and rental yield registers 5.58% at a $645,000 basis. Equity gained on principal adds $4,162/yr, and annual property appreciation at 5% supports $178,202 by year five. Five-year ROI tracks 62.51% and total cumulative return in cash totals $132,640. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,000/mo property income relative to a $3,157/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Condo

Built in 2024

N/A lot

$N/A/sqft

No HOA