








A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |


Investment property for sale in Pawcatuck at 6 Devon Dr, Pawcatuck, CT, 06379 uses $176,015 cash to close to unlock $2,454/yr annual cash flow and $205/mo monthly cash flow. Total monthly income runs $3,840/mo, and a $2,619/mo payment keeps the spread at $205/mo. Purchase price stands at $535,000, and rental yield measures 8.61% with $3,840/mo rent. Return on cash invested shows 21.45% in year one, and 5% annual appreciation builds toward $147,811 over five years. Five-year ROI reaches 111.9% and total cumulative return in cash records $196,960. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,840/mo property income covering a $2,619/mo payment rather than investor’s personal income.
Single Family
Built in 1985
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 06379, Pawcatuck, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,337 (100%) |
| Owner Occupied HU | 2,689 (62.0%) |
| Renter Occupied HU | 1,305 (30.1%) |
| Vacant Housing Units | 343 ( 7.9%) |
| Median Home Value | $423,122 |
| Average Home Value | $493,105 |
Residential
4,074
Single Family
3,861
Multi-Family
213
Businesses
262
Date | Event | Price |
|---|---|---|
| 2024-10-07 | Price change | $535,000 |
| 2024-09-20 | Listed for sale | $550,000 |
| 2024-08-19 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $3709.00 | 2.71% | $194,700 | 38.09% |
| 2022-10-15 | $3611.00 | -0.17% | $141,000 | N/A |
| 2021-10-15 | $3617.00 | 1.94% | $141,000 | N/A |



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Listed by: Karen Hanson • Stonington Realty, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24047214
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.