56-58 E Main StMysticCT06355
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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 Mystic at 56-58 E Main St, Mystic, CT, 06355 projects strong ROI of 11.1%. Rental yield 5.15%. With 5% annual appreciation, the property builds $826,082 in value over five years. Equity growth combined delivers a projected five-year ROI of 56.31%, translating into $545,511 in total cumulative return on $968,760 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Multi Family
Built in 1890
0.34 Acres lot
$N/A/sqft
No HOA
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Listed by: Next Level Team of RE/MAX One • RE/MAX One
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24087214
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