42 Clift Lane, Groton, CT, 06355 | 7.68% Rental Yield

For Sale

Listed for sale 1 day ago

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 Groton at 42 Clift Lane, Groton, CT, 06355 priced at $499,000 converts $3,194/mo rent into after a $2,442/mo obligation. Total monthly income equals $3,194/mo. Return on cash invested prints 18.49% in year one, and rental yield reads 7.68% against a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation compiles into $137,865 by year five. Five-year ROI reaches 95.99% and total cumulative return in cash sums $158,790. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,194/mo property income covering a $2,442/mo payment, not borrower’s personal income.

Single Family

Built in 1958

0.46 Acres lot

$N/A/sqft

No HOA