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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Griswold at 41 S Main St APT 43, Griswold, CT, 06351 at $189,900 posts ROI 21.63% with $90/mo cash flow from $1,593/mo rent. Total monthly income equals $1,593/mo, and annual cash flow records $1,082/yr on $62,952 to close. Return on cash invested measures 21.63% and rental yield reads 10.07% at the current $189,900. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 by year five. Five-year ROI prints 114.38% and total cumulative return in cash totals $72,005.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,593/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Condo
Built in 1987
N/A lot
$N/A/sqft
$213 monthly HOA
Neighborhood data shown for ZIP Code: 06351, Jewett City, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,900 (100%) |
| Owner Occupied HU | 4,952 (71.8%) |
| Renter Occupied HU | 1,496 (21.7%) |
| Vacant Housing Units | 452 ( 6.6%) |
| Median Home Value | $331,876 |
| Average Home Value | $371,175 |
Residential
6,841
Single Family
6,654
Multi-Family
187
Businesses
268
Date | Event | Price |
|---|---|---|
| 2025-04-07 | Listed for sale | $189,900 |
| 2021-04-01 | Sold | $92,500 |
| 2020-07-27 | Sold | $92,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-08 | $1869.00 | 5.12% | $61,390 | N/A |
| 2023-04-08 | $1778.00 | 1.14% | $61,390 | N/A |
| 2022-04-08 | $1758.00 | 14.83% | $61,390 | 30.12% |
What's Special
Access Via Hatch
Listed by: Brian R. Hammett • Hammett Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24086564
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.
