24 Stoneheights Drive #24, Waterford, CT, 06385 | $473/mo Cash Flow

Pending

Fix & Flip

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 24 Stoneheights Drive #24, Waterford, CT, 06385 offers a 10.82% rental yield on a $213,000 purchase with $1,921/mo rent. Total monthly income registers $1,921/mo, and a $1,043/mo payment leaves $473/mo available for distribution. Annual cash flow reaches $5,680/yr on $70,610 to close, and return on cash invested stands at 27.95% in year one. Equity gained on principal adds $1,374/yr while 5% annual appreciation supports $58,848 over five years. Portfolio math shows five-year ROI at 146.82% and total cumulative return in cash at $103,665. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,921/mo property income against a $1,043/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Condo

Built in 1987

N/A lot

$N/A/sqft

No HOA