3 Fairview Drive, Pawcatuck, CT, 06379 | 7.38% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

3 Fairview Drive, Pawcatuck, CT, 06379 | 7.38% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
1 Bath
1140 sft

7 Tautog Street, Groton, CT, 06340

4 Bed
1 Bath
1513 sft

29 Indian Field Road, Groton, CT, 06340

3 Bed
1 Bath
1141 sft

5 Vivian Court, Waterford, CT, 06385

3 Bed
3 Bath
2212 sft

136 Meridian Street #103, Groton, CT, 06340

Nearby investment properties with comparable prices

3 Bed
2 Bath
1948 sft

8 Deborah Street, Waterford, CT, 06385

2 Bed
2 Bath
1495 sft

760 Montauk Avenue, New London, CT, 06320

4 Bed
3 Bath
2302 sft

810 Noank Ledyard Rd, Groton, CT, 06355

2 Bed
2 Bath
1314 sft

33 Beechwood Drive, Waterford, CT, 06385

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Pawcatuck at 3 Fairview Drive, Pawcatuck, CT, 06379 earns from $2,935/mo rent with a $2,335/mo payment. Total monthly income totals $2,935/mo. ROI tracks 17.58% on current figures, and rental yield reads 7.38% at a $477,000 purchase. Equity gained on principal adds $3,078/yr, and 5% annual appreciation supports $131,786 over five years. Five-year ROI reaches 91.17% and total cumulative return in cash sums $144,167. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,935/mo property income instead of your personal income.

Single Family

Built in 1977

0.83 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully renovated raised ranch set on just under an acre lot in one of the area's most desirable neighborhoods-just minutes from golf course, shopping, downtown Westerly and beaches, and major highways for easy commuting. Featuring 3 bedrooms, 2 bathrooms, and over 1,200 sq. ft. of living space, this home has been thoughtfully updated from top to bottom-truly as close to new construction as you'll find without the new construction price. Step inside to discover a stunning granite kitchen with brand-new cabinets and appliances, perfect for everyday cooking and entertaining. The main level offers refinished and new hardwood floors throughout, while the finished lower level adds even more living space with durable LifeProof flooring, ideal for a family room, home office, gym, or guest suite. Both bathrooms have been tastefully remodeled with luxurious marble tile, offering a modern and timeless finish. No detail has been overlooked-major mechanicals and exterior improvements are all NEW, including - roof, gutters & downspouts, windows & sliders, boiler, hot water heater, garage door motor, newly paved driveway, appliances and so much more! Enjoy peace of mind and efficient living for years to come! Outside, the expansive 0.83-acre lot offers plenty of space for outdoor enjoyment-gardening, entertaining, or simply relaxing in your private yard. Move-in ready and fully updated, don't miss your chance to see this one!

Neighborhood Data

Neighborhood data shown for ZIP Code: 06379, Pawcatuck, CT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,337 (100%)
Owner Occupied HU	2,689 (62.0%)
Renter Occupied HU	1,305 (30.1%)
Vacant Housing Units	343 ( 7.9%)
Median Home Value	$423,122
Average Home Value	$493,105