24 Pine Street, Waterford, CT, 06385 | $762/mo Cash Flow

For Sale

Currently Rented

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

Rental property for sale in Waterford at 24 Pine Street, Waterford, CT, 06385 priced at $382,000 converts $3,358/mo rent into $762/mo cash flow after a $1,870/mo obligation. Total monthly income equals $3,358/mo, and annual cash flow totals $9,146/yr on $126,633 invested. Return on cash invested prints 27.13% in year one, and rental yield reads 10.55% against a $382,000 entry. Equity gained on principal adds $2,465/yr, while 5% annual appreciation compiles into $105,540 by year five. Five-year ROI reaches 142.39% and total cumulative return in cash sums $180,317. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,358/mo property income covering a $1,870/mo payment, not borrower’s personal income.

Single Family

Built in 1957

10,454 sqft lot

$N/A/sqft

No HOA