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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Old Saybrook at 6 Tucker Rd, Old Saybrook, CT, 06475 generates $2,520/mo in rent, after a $2,937/mo payment. Total monthly income is $2,520/mo. Return on cash invested sits at 10.24% in year one, and rental yield is 5.04% on a $599,999 entry. Equity gained on principal adds $3,872/yr, while 5% annual appreciation builds toward $165,769 over five years. Five-year ROI reaches 51.89% and total cumulative return in cash sums $102,431. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,520/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
4,356 sqft lot
$N/A/sqft
$700 annually HOA
Neighborhood data shown for ZIP Code: 06475, Old Saybrook, CT area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,058 (100%) |
| Owner Occupied HU | 3,919 (64.7%) |
| Renter Occupied HU | 884 (14.6%) |
| Vacant Housing Units | 1,255 (20.7%) |
| Median Home Value | $588,618 |
| Average Home Value | $749,501 |
Residential
4,997
Single Family
4,928
Multi-Family
69
Businesses
864
Date | Event | Price |
|---|---|---|
| 2023-11-03 | Sold | $53,500 |
| 2023-09-30 | Pending sale | $599,999 |
| 2023-09-15 | Listed for sale | $599,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-08 | $5583.00 | 24.84% | $367,300 | 67.95% |
| 2023-04-08 | $4472.00 | 1.84% | $218,700 | N/A |
| 2022-04-08 | $4391.00 | 0.14% | $218,700 | N/A |
What's Special
None
Listed by: Terry Lynn L. McDonald • McDonald Real Estate, LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24086240
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.
