435 High Street LOT 10MysticCT06355
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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 Mystic at 435 High Street LOT 10, Mystic, CT, 06355 uses $44,753 cash to close to unlock $630/yr annual cash flow and $53/mo monthly cash flow. Total monthly income runs $1,545/mo, and a $661/mo payment keeps the spread at $53/mo. Purchase price stands at $135,000, and rental yield measures 13.73% with $1,545/mo rent. Return on cash invested shows 21.32% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 116.83% and total cumulative return in cash records $52,285. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,545/mo property income covering a $661/mo payment rather than investor’s personal income.
Manufactured
Built in 2021
N/A lot
$N/A/sqft
$575 monthly HOA
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Listed by: Next Level Team of RE/MAX One • RE/MAX One
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24108642
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.