270 North Bride Brook RoadEast LymeCT06333
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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
Rental property for sale in East Lyme at 270 North Bride Brook Road, East Lyme, CT, 06333 offers $2,160/mo rent that, after a $3,123/mo payment. Total monthly income is $2,160/mo. Return on cash invested measures 7.62% in year one, and rental yield stands at 4.06% at a $638,000 entry. Equity gained on principal adds $4,117/yr while 5% annual appreciation compounds into $176,268 by year five. Five-year ROI records 37.74% and total cumulative return in cash reaches $79,214. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,160/mo property income versus a $3,123/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06333, East Lyme, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,208 (100%) |
| Owner Occupied HU | 2,254 (70.3%) |
| Renter Occupied HU | 722 (22.5%) |
| Vacant Housing Units | 232 ( 7.2%) |
| Median Home Value | $489,394 |
| Average Home Value | $506,237 |
Housing Distribution
Address Breakdown
Residential
3,025
Single Family
3,011
Multi-Family
14
Businesses
236
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Listed by: Banglian Gao • United Realty Plus
Mls Name: Smart MLS
Mls ID: #24103543