32 Broadway AvenueMysticCT06355
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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 Mystic at 32 Broadway Avenue, Mystic, CT, 06355 projects strong ROI of 11.13%. Rental yield 5.16%. With 5% annual appreciation, the property builds $1,519,549 in value over five years. Equity growth combined delivers a projected five-year ROI of 56.48%, translating into $1,006,441 in total cumulative return on $1,782,000 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Multi Family
Built in 2022
7,840 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Donna Simmons • Mott & Chace Sotheby's Intl Rt
Mls Name: Smart MLS
Mls ID: #24110751