6 Holdridge CtGrotonCT06355
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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
Rental property for sale in Groton at 6 Holdridge Ct, Groton, CT, 06355 priced at $1,098,000 converts $3,963/mo rent into after a $5,374/mo obligation. Total monthly income equals $3,963/mo. Return on cash invested prints 8.57% in year one, and rental yield reads 4.33% against a $1,098,000 entry. Equity gained on principal adds $7,085/yr, while 5% annual appreciation compiles into $303,357 by year five. Five-year ROI reaches 42.77% and total cumulative return in cash sums $152,152. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,963/mo property income covering a $5,374/mo payment, not borrower’s personal income.
Single Family
Built in 2009
0.46 Acres lot
$N/A/sqft
No HOA
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Listed by: Jeanne Fellows Grills • William Raveis Real Estate
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24091007
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