4 Lakeside Drive #LLedyardCT06339
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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 Ledyard at 4 Lakeside Drive #L, Ledyard, CT, 06339 earns $589/mo cash flow from $2,220/mo rent with a $1,175/mo payment. Total monthly income totals $2,220/mo, and annual cash flow totals $7,068/yr on $79,560 capital. ROI tracks 28.79% on current figures, and rental yield reads 11.1% at a $240,000 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 over five years. Five-year ROI reaches 151.27% and total cumulative return in cash sums $120,350. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,220/mo property income instead of your personal income.
Condo
Built in 1971
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06339, Ledyard, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,371 (100%) |
| Owner Occupied HU | 2,678 (79.4%) |
| Renter Occupied HU | 537 (15.9%) |
| Vacant Housing Units | 156 ( 4.6%) |
| Median Home Value | $343,014 |
| Average Home Value | $370,114 |
Housing Distribution
Address Breakdown
Residential
3,384
Single Family
3,322
Multi-Family
62
Businesses
148
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Listed by: Holly Powell • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls ID: #24136122