5 Ledgewood Drive, Gales Ferry, CT, 06335 | $36/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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5 Ledgewood Drive, Gales Ferry, CT, 06335 | $36/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Gales Ferry at 5 Ledgewood Drive, Gales Ferry, CT, 06335 priced at $314,900 converts $2,175/mo rent into $36/mo cash flow after a $1,541/mo obligation. Total monthly income equals $2,175/mo, and annual cash flow totals $428/yr on $104,389 invested. Return on cash invested prints 20.32% in year one, and rental yield reads 8.29% against a $314,900 entry. Equity gained on principal adds $2,032/yr, while 5% annual appreciation compiles into $87,001 by year five. Five-year ROI reaches 105.84% and total cumulative return in cash sums $110,482. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,175/mo property income covering a $1,541/mo payment, not borrower’s personal income.

Single Family

Built in 1963

0.34 Acres lot

$N/A/sqft

No HOA

More details about the property

This beautifully updated 3/4-bedroom, 2-full bath home offers 1800+ sq ft of living space. Move right in with a newer roof, remodeled baths, and modern updates throughout. The main level showcases hardwood floors, a cozy gas fireplace in the living room, a large eat-in kitchen with granite counters, stainless steel appliances & gas cooking. The lower level features a spacious 25x12 family room, full bath, laundry room, and a flexible room perfect as a study or 4th bedroom. A slider from the beautifully finished lower-level leads directly to the patio ideal for quiet relaxation. Outdoor living is enhanced with a deck overlooking the fully fenced in yard, great for entertaining. Nestled in the desirable Christy Hill subdivision, this lovely ranch blends privacy with convenience. You'll enjoy easy access to everyday amenities, schools, EB, Subbase, Casinos, and all major routes and highways. Don't let this one get away! ~Photos coming soon...showings begin Oct 16th.

Neighborhood Data

Neighborhood data shown for ZIP Code: 06335, Gales Ferry, CT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	2,719 (100%)
Owner Occupied HU	2,191 (80.6%)
Renter Occupied HU	375 (13.8%)
Vacant Housing Units	153 ( 5.6%)
Median Home Value	$332,483
Average Home Value	$361,753