27 Brightwater RoadOld LymeCT06371
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 3.9% gross rental yield, 27 Brightwater Road, Old Lyme, CT, 06371 in Old Lyme is priced for capital growth, not immediate cash flow. The $1,520,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $419,948 by year five, with $13,999/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.72) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $227,448.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 3.9% | 5.5% |
| Monthly Cash Flow | $(5,491) | $200 |
City averages based on Old Lyme market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $4,937 |
| Total Monthly Debt Service | $9,823 |
| DSCR Ratio | 0.50x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2010
10,018 sqft lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06371, Old Lyme, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,220 (100%) |
| Owner Occupied HU | 3,777 (60.7%) |
| Renter Occupied HU | 593 ( 9.5%) |
| Vacant Housing Units | 1,850 (29.7%) |
| Median Home Value | $574,604 |
| Average Home Value | $675,310 |
Housing Distribution
Address Breakdown
Residential
4,922
Single Family
4,922
Multi-Family
0
Businesses
368
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
Single Family
Built in 2010
10,018 sqft lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06371, Old Lyme, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,220 (100%) |
| Owner Occupied HU | 3,777 (60.7%) |
| Renter Occupied HU | 593 ( 9.5%) |
| Vacant Housing Units | 1,850 (29.7%) |
| Median Home Value | $574,604 |
| Average Home Value | $675,310 |
Housing Distribution
Address Breakdown
Residential
4,922
Single Family
4,922
Multi-Family
0
Businesses
368
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Aulay Carlson • Shore & Country Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24065866
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.