262 Shetucket Tpke #26, Griswold, CT, 06351 | $617/mo Cash Flow

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262 Shetucket Tpke #26, Griswold, CT, 06351 | $617/mo Cash Flow | Ziffy

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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 Griswold at 262 Shetucket Tpke #26, Griswold, CT, 06351 generates $1,500/mo in rent and, after a $636/mo payment, leaves $617/mo in cash flow. Total monthly income is $1,500/mo, and annual cash flow is $7,404/yr on $43,095 invested. Return on cash invested sits at 37.09% in year one, and rental yield is 13.85% on a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 195.73% and total cumulative return in cash sums $84,351. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,500/mo property income rather than buyer’s personal income.

Condo

Built in 2004

1,503 sqft lot

$N/A/sqft

No HOA

More details about the property

Premium water view campsite. 2004 Kropf Lynbrooke Park Model #3903. Double Loft with step-down bedroom. Fully furnished. 2-tier open wood deck. Utility shed. Private slip for boat docking. Owner info for Pachaug Marina & Campground Association: Required HOA annual maintenance fees for 2025 are $3100 which includes Town of Griswold real estate tax, PMCA common property, roads & dock maintenance, trash removal, 30 amp electric, water, septic pump out, club house, and winter boat storage. Each unit is +1500 sq/ft campsite privately owned through a proprietary lease granting a cooperative interest in the Pachaug Marina and Campground Association, Inc., which may be assigned to a third party subject to the prior right of first refusal in favor of PMCA. Call for more detail.

Neighborhood Data

Neighborhood data shown for ZIP Code: 06351, Jewett City, CT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,900 (100%)
Owner Occupied HU	4,952 (71.8%)
Renter Occupied HU	1,496 (21.7%)
Vacant Housing Units	452 ( 6.6%)
Median Home Value	$331,876
Average Home Value	$371,175