51 Walter Drive, Griswold, CT, 06351 | 4.67% Rental Yield

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51 Walter Drive, Griswold, CT, 06351 | 4.67% Rental Yield | Ziffy

For Sale

Fix & Flip

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

Investment property for sale in Griswold at 51 Walter Drive, Griswold, CT, 06351 earns from $1,710/mo rent with a $2,149/mo payment. Total monthly income totals $1,710/mo. ROI tracks 9.41% on current figures, and rental yield reads 4.67% at a $439,000 purchase. Equity gained on principal adds $2,833/yr, and 5% annual appreciation supports $121,288 over five years. Five-year ROI reaches 47.34% and total cumulative return in cash sums $68,888. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,710/mo property income instead of your personal income.

Single Family

Built in 1978

1.55 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to the quaint town of Griswold - This 3 bedroom home is close distance to Pachaug Pond and State Forest as well as Glasgo Pond. The first floor of this home consists of a living room with hardwood floors and a kitchen that overlooks a private spacious backyard. A full bath complete with laundry area, Dining Room and a family room/office complete the first floor. Upstairs consists of 3 bedrooms with hardwood floors throughout and a second full bathroom. Storage is not a problem! There is a two-car attached garage as well as full basement with newer furnace, oil tank and generator connection. All new windows are throughout. A separate garden/storage shed can be found located in the backyard. This home has solid mechanics, needs some updating and landscaping but resides in a diamond neighborhood with beautiful views. It is a must see for families or investors! Of course, Buttonwood Farm is right down the road! This property is being Sold As-IS.

Neighborhood Data

Neighborhood data shown for ZIP Code: 06351, Jewett City, CT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,900 (100%)
Owner Occupied HU	4,952 (71.8%)
Renter Occupied HU	1,496 (21.7%)
Vacant Housing Units	452 ( 6.6%)
Median Home Value	$331,876
Average Home Value	$371,175