377 Mago Point Way #1, Waterford, CT, 06385 | 1.95% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Waterford at 377 Mago Point Way #1, Waterford, CT, 06385 offers $2,520/mo rent that, after a $7,586/mo payment. Total monthly income is $2,520/mo. Return on cash invested measures 1.23% in year one, and rental yield stands at 1.95% at a $1,550,000 entry. Equity gained on principal adds $10,002/yr while 5% annual appreciation compounds into $428,236 by year five. Five-year ROI records 3.37% and total cumulative return in cash reaches $16,933. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,520/mo property income versus a $7,586/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 2026

N/A lot

$N/A/sqft

No HOA