3 4th AvenueOld SaybrookCT06475
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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
Investment property for sale in Old Saybrook at 3 4th Avenue, Old Saybrook, CT, 06475 with 5% annual appreciation on a $389,000 basis while $2,759/mo rent supports operations. Total monthly income totals $2,759/mo and a $1,904/mo payment preserves $116/mo for cash returns. Annual cash flow comes to $1,391/yr on $128,954 deployed, and return on cash invested reaches 20.99% in year one. Equity gained on principal adds $2,510/yr, and five-year appreciation sums $107,474 alongside rental yield of 8.51%. Five-year ROI measures 109.42% and total cumulative return in cash totals $141,102.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,759/mo property income versus a $1,904/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1966
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06475, Old Saybrook, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,058 (100%) |
| Owner Occupied HU | 3,919 (64.7%) |
| Renter Occupied HU | 884 (14.6%) |
| Vacant Housing Units | 1,255 (20.7%) |
| Median Home Value | $588,618 |
| Average Home Value | $749,501 |
Housing Distribution
Address Breakdown
Residential
4,997
Single Family
4,928
Multi-Family
69
Businesses
864
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Listed by: Philip Ledwith • Century 21 AllPoints Realty
Mls Name: Smart MLS
Mls ID: #24093798