37 Marlin DriveGrotonCT06340
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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 Groton at 37 Marlin Drive, Groton, CT, 06340 at $1,249,000 posts ROI 8.84% with from $4,788/mo rent. Total monthly income equals $4,788/mo. Return on cash invested measures 8.84% and rental yield reads 4.6% at the current $1,249,000. Equity gained on principal adds $8,060/yr, and 5% annual appreciation supports $345,076 by year five. Five-year ROI prints 44.39% and total cumulative return in cash totals $179,627. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,788/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1965
0.48 Acres lot
$N/A/sqft
$2,300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06340, Groton, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,385 (100%) |
| Owner Occupied HU | 5,380 (37.4%) |
| Renter Occupied HU | 7,220 (50.2%) |
| Vacant Housing Units | 1,785 (12.4%) |
| Median Home Value | $326,691 |
| Average Home Value | $429,967 |
Housing Distribution
Address Breakdown
Residential
13,000
Single Family
10,143
Multi-Family
2,857
Businesses
869
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Listed by: Kate Lombardi • Coccomo Real Estate LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24106511
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.