58 Old North RoadMysticCT06355
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowInvestment property for sale in Mystic at 58 Old North Road, Mystic, CT, 06355 projects strong ROI of 44.74%. With 5% annual appreciation, the property builds $828,845 in value over five years. Equity growth combined with cash flow delivers a projected five-year ROI of 253.61%, translating into $2,149,350 in total cumulative return on $847,500 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.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.4% | 6.0% |
| Monthly Cash Flow | $15,600 | $1,500 |
City averages based on Mystic market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $36,000 |
| Total Monthly Debt Service | $19,207 |
| DSCR Ratio | 1.87x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1999
0.87 Acres lot
$N/A/sqft
$200 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1999
0.87 Acres lot
$N/A/sqft
$200 annually HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jon Arruda • William Pitt Sotheby's Int'l
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24088418
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.