




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 Niantic at 49 Whiting Farms Lane #49, Niantic, CT, 06357 offers a 7.41% rental yield on a $489,900 purchase with $3,025/mo rent. 71% in year one. Equity gained on principal adds $3,161/yr while 5% annual appreciation supports $135,350 over five years. Portfolio math shows five-year ROI at 76.83% and total cumulative return in cash at $124,781. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,025/mo property income against a $2,398/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2017
N/A lot
$N/A/sqft
$400 monthly HOA
Neighborhood data shown for ZIP Code: 06357, Niantic, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,030 (100%) |
| Owner Occupied HU | 3,800 (63.0%) |
| Renter Occupied HU | 1,172 (19.4%) |
| Vacant Housing Units | 1,058 (17.5%) |
| Median Home Value | $408,576 |
| Average Home Value | $487,963 |
Residential
5,973
Single Family
5,620
Multi-Family
353
Businesses
460
Date | Event | Price |
|---|---|---|
| 2025-06-13 | Sold | $489,900 |
| 2025-05-20 | Pending sale | $489,000 |
| 2025-05-15 | Listed for sale | $489,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||



What's Special
Access Via Hatch
Listed by: Mary Poola • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24094796
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.