492 Hamburg RdLymeCT06371
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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 Lyme at 492 Hamburg Rd, Lyme, CT, 06371 at $1,179,900 posts ROI 8.22% with from $4,145/mo rent. Total monthly income equals $4,145/mo. Return on cash invested measures 8.22% and rental yield reads 4.22% at the current $1,179,900. Equity gained on principal adds $7,614/yr, and 5% annual appreciation supports $325,985 by year five. Five-year ROI prints 40.86% and total cumulative return in cash totals $156,205. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $4,145/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1996
5.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06371, Old Lyme, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,220 (100%) |
| Owner Occupied HU | 3,777 (60.7%) |
| Renter Occupied HU | 593 ( 9.5%) |
| Vacant Housing Units | 1,850 (29.7%) |
| Median Home Value | $574,604 |
| Average Home Value | $675,310 |
Housing Distribution
Address Breakdown
Residential
4,922
Single Family
4,922
Multi-Family
0
Businesses
368
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Listed by: The Bill Heenan Team • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24094340
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.