4 Seaview RoadOld LymeCT06371
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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 Old Lyme at 4 Seaview Road, Old Lyme, CT, 06371 offers a 5.56% rental yield on a $680,000 purchase with $3,149/mo rent. 81% in year one. Equity gained on principal adds $4,388/yr while 5% annual appreciation supports $187,871 over five years. Portfolio math shows five-year ROI at 60.3% and total cumulative return in cash at $134,904. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,149/mo property income against a $3,328/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
9,583 sqft lot
$N/A/sqft
$810 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06371, Old Lyme, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,220 (100%) |
| Owner Occupied HU | 3,777 (60.7%) |
| Renter Occupied HU | 593 ( 9.5%) |
| Vacant Housing Units | 1,850 (29.7%) |
| Median Home Value | $574,604 |
| Average Home Value | $675,310 |
Housing Distribution
Address Breakdown
Residential
4,922
Single Family
4,922
Multi-Family
0
Businesses
368
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Listed by: Cara P. Bernard • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24115934
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.