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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% |
Investment property for sale in Groton at 55 Virginia Ave APT C, Groton, CT, 06340 with 5% annual appreciation on a $190,000 basis while $1,610/mo rent supports operations. Total monthly income totals $1,610/mo and a $930/mo payment preserves $69/mo for cash returns. Annual cash flow comes to $828/yr on $62,985 deployed, and return on cash invested reaches 21.22% in year one. Equity gained on principal adds $1,226/yr, and five-year appreciation sums $52,494 alongside rental yield of 10.17%. Five-year ROI measures 112.41% and total cumulative return in cash totals $70,800.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,610/mo property income versus a $930/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1972
N/A lot
$N/A/sqft
$250 monthly HOA
Neighborhood data shown for ZIP Code: 06340, Groton, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,385 (100%) |
| Owner Occupied HU | 5,380 (37.4%) |
| Renter Occupied HU | 7,220 (50.2%) |
| Vacant Housing Units | 1,785 (12.4%) |
| Median Home Value | $326,691 |
| Average Home Value | $429,967 |
Residential
13,000
Single Family
10,143
Multi-Family
2,857
Businesses
869
Date | Event | Price |
|---|---|---|
| 2025-04-29 | Listed for sale | $190,000 |
| 2007-10-19 | Sold | $79,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-02 | $1372.00 | 4.18% | $51,030 | N/A |
| 2023-05-02 | $1317.00 | 3.46% | $51,030 | N/A |
| 2022-05-02 | $1273.00 | 74.15% | $51,030 | 111.30% |
What's Special
None
Listed by: Linda Labbe • CENTURY 21 Shutters & Sails
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24091255
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.
