35 Shawondassee DriveStoningtonCT06378
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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 Stonington at 35 Shawondassee Drive, Stonington, CT, 06378 earns from $2,319/mo rent with a $1,953/mo payment. Total monthly income totals $2,319/mo. ROI tracks 16.35% on current figures, and rental yield reads 6.97% at a $399,000 purchase. Equity gained on principal adds $2,575/yr, and 5% annual appreciation supports $110,236 over five years. Five-year ROI reaches 84.55% and total cumulative return in cash sums $111,830. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,319/mo property income instead of your personal income.
Single Family
Built in 1961
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06378, Stonington, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,100 (100%) |
| Owner Occupied HU | 2,023 (65.3%) |
| Renter Occupied HU | 510 (16.5%) |
| Vacant Housing Units | 567 (18.3%) |
| Median Home Value | $644,531 |
| Average Home Value | $705,774 |
Housing Distribution
Address Breakdown
Residential
2,718
Single Family
2,657
Multi-Family
61
Businesses
329
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Listed by: Ashley Livernoche • Compass Connecticut, LLC
Mls Name: Smart MLS
Mls ID: #24135717