5 Goldfinch TerraceEast LymeCT06333
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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 East Lyme at 5 Goldfinch Terrace, East Lyme, CT, 06333 listed at $660,000 pairs $4,591/mo rent with a $3,230/mo payment to leave $107/mo cash flow. Total monthly income runs $4,591/mo, and annual cash flow reaches $1,284/yr on $217,140 cash to close. Return on cash invested measures 20.65% in year one, and rental yield registers 8.35% at a $660,000 basis. Equity gained on principal adds $4,259/yr, and annual property appreciation at 5% supports $182,346 by year five. Five-year ROI tracks 107.58% and total cumulative return in cash totals $233,601. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,591/mo property income relative to a $3,230/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1994
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06333, East Lyme, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,208 (100%) |
| Owner Occupied HU | 2,254 (70.3%) |
| Renter Occupied HU | 722 (22.5%) |
| Vacant Housing Units | 232 ( 7.2%) |
| Median Home Value | $489,394 |
| Average Home Value | $506,237 |
Housing Distribution
Address Breakdown
Residential
3,025
Single Family
3,011
Multi-Family
14
Businesses
236
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Listed by: Stormi Alden • Results Real Estate LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24104814
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.