34 Grouse CircleEast LymeCT06333
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeSolid fundamentals define the investment case at 34 Grouse Circle, East Lyme, CT, 06333 in East Lyme: $3,613/mo in rent, $304/mo in net income, 8.9% gross yield, 1.65 DSCR, all at $487,000. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $134,549 in appreciation and $4,485/yr in principal paydown projects total cumulative return of $205,506.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.9% | 8.0% |
| Monthly Cash Flow | $304 | $1,200 |
City averages based on East Lyme market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,613 |
| Total Monthly Debt Service | $3,115 |
| DSCR Ratio | 1.16x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1980
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06333, East Lyme, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,208 (100%) |
| Owner Occupied HU | 2,254 (70.3%) |
| Renter Occupied HU | 722 (22.5%) |
| Vacant Housing Units | 232 ( 7.2%) |
| Median Home Value | $489,394 |
| Average Home Value | $506,237 |
Housing Distribution
Address Breakdown
Residential
3,025
Single Family
3,011
Multi-Family
14
Businesses
236
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1980
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06333, East Lyme, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,208 (100%) |
| Owner Occupied HU | 2,254 (70.3%) |
| Renter Occupied HU | 722 (22.5%) |
| Vacant Housing Units | 232 ( 7.2%) |
| Median Home Value | $489,394 |
| Average Home Value | $506,237 |
Housing Distribution
Address Breakdown
Residential
3,025
Single Family
3,011
Multi-Family
14
Businesses
236
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jamie Bresnan • CENTURY 21 Shutters & Sails
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24104986
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.