57 Atlantic DrOld SaybrookCT06475
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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 Old Saybrook at 57 Atlantic Dr, Old Saybrook, CT, 06475 with 5% annual appreciation on a $799,000 basis while $3,676/mo rent supports operations. 06% in year one. Equity gained on principal adds $5,156/yr, and five-year appreciation sums $220,749 alongside rental yield of 5.52%. Five-year ROI measures 61.5% and total cumulative return in cash totals $161,670. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,676/mo property income versus a $3,911/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1960
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06475, Old Saybrook, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,058 (100%) |
| Owner Occupied HU | 3,919 (64.7%) |
| Renter Occupied HU | 884 (14.6%) |
| Vacant Housing Units | 1,255 (20.7%) |
| Median Home Value | $588,618 |
| Average Home Value | $749,501 |
Housing Distribution
Address Breakdown
Residential
4,997
Single Family
4,928
Multi-Family
69
Businesses
864
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Listed by: Joel Lucas • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24080898
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.