6 Wolf Ridge GapLedyardCT06339
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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 Ledyard at 6 Wolf Ridge Gap, Ledyard, CT, 06339 generates $4,747/mo in rent and, after a $3,030/mo payment, leaves $541/mo in cash flow. Total monthly income is $4,747/mo, and annual cash flow is $6,491/yr on $203,651 invested. Return on cash invested sits at 23.25% in year one, and rental yield is 9.2% on a $619,000 entry. Equity gained on principal adds $3,994/yr, while 5% annual appreciation builds toward $171,018 over five years. Five-year ROI reaches 121.5% and total cumulative return in cash sums $247,441. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,747/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
1.56 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: Renee R. McCammon • Berkshire Hathaway NE Prop.
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24112776
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.