3 Ferry Road, Lyme, CT, 06371 | 7.38% Rental Yield

For Sale

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

Investment property for sale in Lyme at 3 Ferry Road, Lyme, CT, 06371 earns from $3,683/mo rent with a $2,932/mo payment. Total monthly income totals $3,683/mo. ROI tracks 17.7% on current figures, and rental yield reads 7.38% at a $599,000 purchase. Equity gained on principal adds $3,865/yr, and 5% annual appreciation supports $165,493 over five years. Five-year ROI reaches 91.77% and total cumulative return in cash sums $180,850. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,683/mo property income instead of your personal income.

Single Family

Built in 1900

0.30 Acres lot

$N/A/sqft

No 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