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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Ledyard at 332 Colonel Ledyard Highway, Ledyard, CT, 06339 priced at $350,000 converts $2,433/mo rent into $55/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,433/mo, and annual cash flow totals $660/yr on $116,025 invested. Return on cash invested prints 20.48% in year one, and rental yield reads 8.34% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 106.68% and total cumulative return in cash sums $123,770. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,433/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Single Family
Built in 1947
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06339, Ledyard, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,371 (100%) |
| Owner Occupied HU | 2,678 (79.4%) |
| Renter Occupied HU | 537 (15.9%) |
| Vacant Housing Units | 156 ( 4.6%) |
| Median Home Value | $343,014 |
| Average Home Value | $370,114 |
Residential
3,384
Single Family
3,322
Multi-Family
62
Businesses
148
Date | Event | Price |
|---|---|---|
| 2023-11-16 | Sold | $280,000 |
| 2023-08-24 | Pending sale | $255,000 |
| 2023-08-04 | Listed for sale | $255,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-08-06 | $5188.00 | N/A | $147,350 | -51.86% |
| 2023-08-06 | N/A | N/A | $306,110 | N/A |
| 2022-08-06 | N/A | N/A | $306,110 | N/A |
What's Special
None
Listed by: Jessica L. Gardner • Keller Williams Coastal
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24108636
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
