59 Shore DriveCoventryCT06238








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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


Investment Highlights
Rental property for sale in Coventry at 59 Shore Drive, Coventry, CT, 06238 priced at $825,000 converts $3,339/mo rent into after a $4,038/mo obligation. Total monthly income equals $3,339/mo. Return on cash invested prints 10.04% in year one, and rental yield reads 4.86% against a $825,000 entry. Equity gained on principal adds $5,324/yr, while 5% annual appreciation compiles into $227,932 by year five. Five-year ROI reaches 50.69% and total cumulative return in cash sums $137,589. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,339/mo property income covering a $4,038/mo payment, not borrower’s personal income.
Single Family
Built in 1933
0.26 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: Cheri Trudon • ERA Blanchard & Rossetto
Mls Name: Smart MLS
Mls ID: #24116539







