435 High St LOT 22GrotonCT06355
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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 Groton at 435 High St LOT 22, Groton, CT, 06355 uses $44,753 cash to close to unlock $11,550/yr annual cash flow and $963/mo monthly cash flow. Total monthly income runs $2,430/mo, and a $661/mo payment keeps the spread at $963/mo. Purchase price stands at $135,000, and rental yield measures 21.6% with $2,430/mo rent. Return on cash invested shows 45.72% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 247.42% and total cumulative return in cash records $110,725. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,430/mo property income covering a $661/mo payment rather than investor’s personal income.
Manufactured
Built in 2022
0.25 Acres lot
$N/A/sqft
$550 monthly HOA
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Listed by: Myriam Clarkson • Renaissance Collaborative Inc
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24006661
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