54 Rope Ferry Rd UNIT N155WaterfordCT06385
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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 Waterford at 54 Rope Ferry Rd UNIT N155, Waterford, CT, 06385 offers a 9.57% rental yield on a $225,000 purchase with $1,794/mo rent. 27% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 102.05% and total cumulative return in cash at $76,113. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,794/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1987
N/A lot
$N/A/sqft
$305 monthly HOA
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Listed by: The Royal Team at RE/MAX Legends • RE/MAX Legends
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24087619
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