53 Shanaghans RoadEast HaddamCT06423
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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 Haddam at 53 Shanaghans Road, East Haddam, CT, 06423 with 5% annual appreciation on a $1,895,000 basis while $1,920/mo rent supports operations. 04% in year one. Equity gained on principal adds $12,228/yr, and five-year appreciation sums $523,554 alongside rental yield of 1.22%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,920/mo property income versus a $9,275/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2026
3.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06423, East Haddam, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,324 (100%) |
| Owner Occupied HU | 1,780 (76.6%) |
| Renter Occupied HU | 203 ( 8.7%) |
| Vacant Housing Units | 341 (14.7%) |
| Median Home Value | $468,990 |
| Average Home Value | $574,756 |
Housing Distribution
Address Breakdown
Residential
2,031
Single Family
2,031
Multi-Family
0
Businesses
107
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Listed by: Wesley B. Jenks • Jenks Realty
Mls Name: Smart MLS
Mls ID: #24140199