41 South Main Street APT 51, Griswold, CT, 06351 | $328/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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41 South Main Street APT 51, Griswold, CT, 06351 | $328/mo Cash Flow | Ziffy

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

Investment property for sale in Griswold at 41 South Main Street APT 51, Griswold, CT, 06351 uses $72,930 cash to close to unlock $3,936/yr annual cash flow and $328/mo monthly cash flow. Total monthly income runs $1,823/mo, and a $1,077/mo payment keeps the spread at $328/mo. Purchase price stands at $219,999, and rental yield measures 9.94% with $1,823/mo rent. Return on cash invested shows 25.31% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 132.57% and total cumulative return in cash records $96,683. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,823/mo property income covering a $1,077/mo payment rather than investor’s personal income.

Condo

Built in 1987

N/A lot

$N/A/sqft

No HOA

More details about the property

Step into this beautifully renovated two-bedroom, one-and-a-half-bath condo that blends modern style with everyday convenience. The open-concept living area is perfect for entertaining, featuring a sleek kitchen with granite countertops and plenty of room for both hosting and relaxing. Upstairs, you'll find two comfortable bedrooms and a full bath. The fully finished basement offers even more living space , ideal for a family room, home office, or gym. Enjoy year-round comfort with central air conditioning, and appreciate the stylish upgrades throughout, including new luxury vinyl flooring and a charming shiplap feature wall. Move-in ready and designed for modern living, don't miss your chance refer to this condo, as home!

Neighborhood Data

Neighborhood data shown for ZIP Code: 06351, Jewett City, CT area.

Housing Distribution

Housing Statistics

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