5 Mitchell Lane, Deep River, CT, 06417 | $466/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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5 Mitchell Lane, Deep River, CT, 06417 | $466/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 Deep River at 5 Mitchell Lane, Deep River, CT, 06417 generates $2,640/mo in rent and, after a $1,566/mo payment, leaves $466/mo in cash flow. Total monthly income is $2,640/mo, and annual cash flow is $5,594/yr on $106,047 invested. Return on cash invested sits at 25.18% in year one, and rental yield is 9.9% on a $319,900 entry. Equity gained on principal adds $2,064/yr, while 5% annual appreciation builds toward $88,382 over five years. Five-year ROI reaches 131.95% and total cumulative return in cash sums $139,928. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,640/mo property income rather than buyer’s personal income.

Single Family

Built in 1900

10,018 sqft lot

$N/A/sqft

No HOA

More details about the property

With front porch charm, blooming perennial gardens, and that unmistakable storybook feeling, this home instantly captures your heart. Lovingly cared for over the years, it offers the perfect balance of comfort and character. The updated kitchen opens to a sunlit dining and family area, creating a welcoming space for gatherings. A cozy reading nook and an inviting office and half bath makes the first floor both functional and full of personality. Upstairs, two tranquil bedrooms and a full bath offer a peaceful retreat, all enhanced by hardwood floors. Thoughtful updates include fresh exterior paint, a repointed and repainted chimney, new front porch railings, and refreshed interior walls. A walk-up attic adds generous storage, and all mechanical systems have been diligently maintained. Best of all, you're just a short walk from the town center and the picturesque Town Landing on the Connecticut River - where neighbors gather, boats launch, and sunsets are best enjoyed from the gazebo.