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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Ledyard at 50 Highland Drive, Ledyard, CT, 06339 offers $2,520/mo rent that, after a $1,640/mo payment, leaves $244/mo cash flow. Total monthly income is $2,520/mo, and annual cash flow is $2,922/yr on $111,053 cash. Return on cash invested measures 22.54% in year one, and rental yield stands at 9.03% at a $335,000 entry. Equity gained on principal adds $2,162/yr while 5% annual appreciation compounds into $92,554 by year five. Five-year ROI records 117.76% and total cumulative return in cash reaches $130,772. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,520/mo property income versus a $1,640/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1963
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06339, Ledyard, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,371 (100%) |
| Owner Occupied HU | 2,678 (79.4%) |
| Renter Occupied HU | 537 (15.9%) |
| Vacant Housing Units | 156 ( 4.6%) |
| Median Home Value | $343,014 |
| Average Home Value | $370,114 |
Residential
3,384
Single Family
3,322
Multi-Family
62
Businesses
148
Date | Event | Price |
|---|---|---|
| 2025-05-31 | Listed for sale | $335,000 |
| 2009-11-23 | Sold | $182,000 |
| 2009-09-25 | Price change | $179,995 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-04 | $4141.00 | 1.89% | $117,600 | N/A |
| 2023-06-04 | $4064.00 | 2.19% | $117,600 | N/A |
| 2022-06-04 | $3977.00 | 0.66% | $117,600 | N/A |
What's Special
Crawl Space,Pull Down Stairs
Listed by: Victoria Lindsey • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24098693
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.
