352 Pendleton Hill RoadNorth StoningtonCT06359
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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
Rental property for sale in North Stonington at 352 Pendleton Hill Road, North Stonington, CT, 06359 offers $2,113/mo rent that, after a $1,101/mo payment, leaves $585/mo cash flow. Total monthly income is $2,113/mo, and annual cash flow is $7,014/yr on $74,587 cash. Return on cash invested measures 29.31% in year one, and rental yield stands at 11.27% at a $224,999 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 154.09% and total cumulative return in cash reaches $114,933. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,113/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
1.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06359, North Stonington, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,297 (100%) |
| Owner Occupied HU | 1,864 (81.1%) |
| Renter Occupied HU | 221 ( 9.6%) |
| Vacant Housing Units | 212 ( 9.2%) |
| Median Home Value | $413,212 |
| Average Home Value | $451,664 |
Housing Distribution
Address Breakdown
Residential
2,111
Single Family
2,111
Multi-Family
0
Businesses
120
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Listed by: Gary Crawford • RE/MAX RISE
Mls Name: Smart MLS
Mls ID: #24126729