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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 Griswold at 35 Russell St APT 27, Griswold, CT, 06351 offers $1,533/mo rent that, after a $978/mo payment. Total monthly income is $1,533/mo. Return on cash invested measures 16.74% in year one, and rental yield stands at 9.2% at a $199,900 entry. Equity gained on principal adds $1,290/yr while 5% annual appreciation compounds into $55,229 by year five. Five-year ROI records 89.02% and total cumulative return in cash reaches $58,993. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,533/mo property income versus a $978/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 1977
N/A lot
$N/A/sqft
$350 monthly HOA
Neighborhood data shown for ZIP Code: 06351, Jewett City, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,900 (100%) |
| Owner Occupied HU | 4,952 (71.8%) |
| Renter Occupied HU | 1,496 (21.7%) |
| Vacant Housing Units | 452 ( 6.6%) |
| Median Home Value | $331,876 |
| Average Home Value | $371,175 |
Residential
6,841
Single Family
6,654
Multi-Family
187
Businesses
268
Date | Event | Price |
|---|---|---|
| 2025-03-14 | Listed for sale | $199,900 |
| 2018-03-28 | Sold | $56,000 |
| 2009-06-17 | Sold | $133,499 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-20 | $2480.00 | 5.08% | $81,480 | N/A |
| 2023-03-20 | $2360.00 | 1.16% | $81,480 | N/A |
| 2022-03-20 | $2333.00 | 51.49% | $81,480 | 71.68% |
What's Special
Pull Down Stairs
Listed by: Nathan E. Cholewa • Kazantzis Real Estate, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24080362
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.
