23 Locust Court, Waterford, CT, 06385 | $585/mo Cash Flow

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 Locust Court, Waterford, CT, 06385 listed at $299,900 pairs $2,623/mo rent with a $1,468/mo payment to leave $585/mo cash flow. Total monthly income runs $2,623/mo, and annual cash flow reaches $7,022/yr on $99,417 cash to close. Return on cash invested measures 26.97% in year one, and rental yield registers 10.5% at a $299,900 basis. Equity gained on principal adds $1,935/yr, and annual property appreciation at 5% supports $82,857 by year five. Five-year ROI tracks 141.55% and total cumulative return in cash totals $140,728. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,623/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1950

9,583 sqft lot

$N/A/sqft

No HOA