23 Summertime CircleStoningtonCT06379
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment property for sale in Stonington at 23 Summertime Circle, Stonington, CT, 06379 listed at $844,900 pairs $1,800/mo rent with a $4,135/mo payment. Total monthly income runs $1,800/mo. Return on cash invested measures 3.05% in year one, and rental yield registers 2.56% at a $844,900 basis. Equity gained on principal adds $5,452/yr, and annual property appreciation at 5% supports $233,430 by year five. Five-year ROI tracks 13.2% and total cumulative return in cash totals $36,700. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,800/mo property income relative to a $4,135/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2025
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06379, Pawcatuck, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,337 (100%) |
| Owner Occupied HU | 2,689 (62.0%) |
| Renter Occupied HU | 1,305 (30.1%) |
| Vacant Housing Units | 343 ( 7.9%) |
| Median Home Value | $423,122 |
| Average Home Value | $493,105 |
Housing Distribution
Address Breakdown
Residential
4,074
Single Family
3,861
Multi-Family
213
Businesses
262
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Listed by: Nicole Kolinchak • EG Group Realty
Mls Name: Smart MLS
Mls ID: #24128178