239 High StGrotonCT06355
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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
Investment property for sale in Groton at 239 High St, Groton, CT, 06355 offers a 5.22% rental yield on a $759,000 purchase with $3,303/mo rent. 15% in year one. Equity gained on principal adds $4,898/yr while 5% annual appreciation supports $209,698 over five years. Portfolio math shows five-year ROI at 56.63% and total cumulative return in cash at $141,419. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,303/mo property income against a $3,715/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1899
9,583 sqft lot
$N/A/sqft
No HOA
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Listed by: Judith Caracausa • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24088731
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