6 Village DriveLedyardCT06339
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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
Investment property for sale in Ledyard at 6 Village Drive, Ledyard, CT, 06339 earns $207/mo cash flow from $1,497/mo rent with a $929/mo payment. Total monthly income totals $1,497/mo, and annual cash flow totals $2,486/yr on $62,952 capital. ROI tracks 23.86% on current figures, and rental yield reads 9.46% at a $189,900 purchase. Equity gained on principal adds $1,225/yr, and 5% annual appreciation supports $52,466 over five years. Five-year ROI reaches 124.88% and total cumulative return in cash sums $78,617. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,497/mo property income instead of your personal income.
Single Family
Built in 1962
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06339, Ledyard, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,371 (100%) |
| Owner Occupied HU | 2,678 (79.4%) |
| Renter Occupied HU | 537 (15.9%) |
| Vacant Housing Units | 156 ( 4.6%) |
| Median Home Value | $343,014 |
| Average Home Value | $370,114 |
Housing Distribution
Address Breakdown
Residential
3,384
Single Family
3,322
Multi-Family
62
Businesses
148
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Listed by: Vicki Long • RE/MAX Legends
Mls Name: Smart MLS
Mls ID: #24117388