58 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 58 Main St, Mystic, CT, 06355 earns $28,186/mo cash flow from $36,000/mo rent with a $5,629/mo payment. Total monthly income totals $36,000/mo, and annual cash flow totals $338,232/yr on $372,600 capital. ROI tracks 111.15% on current figures, and rental yield reads 37.57% at a $1,150,000 purchase. Equity gained on principal adds $7,421/yr, and 5% annual appreciation supports $317,724 over five years. Five-year ROI reaches 592.81% and total cumulative return in cash sums $2,208,801. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $36,000/mo property income instead of your personal income.
Multi Family
Built in 1890
0.34 Acres lot
$N/A/sqft
No HOA
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Listed by: David White • OwnerEntry.com
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24051276
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.