576 New London RoadMysticCT06355
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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 576 New London Road, Mystic, CT, 06355 at $450,000 posts ROI 20.07% with $20/mo cash flow from $3,078/mo rent. Total monthly income equals $3,078/mo, and annual cash flow records $240/yr on $149,175 to close. Return on cash invested measures 20.07% and rental yield reads 8.21% at the current $450,000. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 by year five. Five-year ROI prints 104.49% and total cumulative return in cash totals $155,874.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,078/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1971
0.59 Acres lot
$N/A/sqft
No HOA
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Listed by: Jennifer M. Sobiech • RE/MAX Legends
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24092640
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.