37 Nolin RoadWestbrookCT06498
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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 Westbrook at 37 Nolin Road, Westbrook, CT, 06498 earns $125/mo cash flow from $2,672/mo rent with a $1,835/mo payment. Total monthly income totals $2,672/mo, and annual cash flow totals $1,494/yr on $124,313 capital. ROI tracks 21.11% on current figures, and rental yield reads 8.55% at a $375,000 purchase. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 over five years. Five-year ROI reaches 110.09% and total cumulative return in cash sums $136,851. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,672/mo property income instead of your personal income.
Single Family
Built in 1940
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06498, Westbrook, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,096 (100%) |
| Owner Occupied HU | 2,427 (59.3%) |
| Renter Occupied HU | 681 (16.6%) |
| Vacant Housing Units | 988 (24.1%) |
| Median Home Value | $556,877 |
| Average Home Value | $682,440 |
Housing Distribution
Address Breakdown
Residential
3,570
Single Family
3,538
Multi-Family
32
Businesses
347
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Listed by: Rachel Welch • William Raveis Real Estate
Mls Name: Smart MLS
Mls ID: #24143137