66 Corey Lane, Niantic, CT, 06357 | $572/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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66 Corey Lane, Niantic, CT, 06357 | $572/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Niantic at 66 Corey Lane, Niantic, CT, 06357 at $399,999 posts ROI 25.09% with $572/mo cash flow from $3,290/mo rent. Total monthly income equals $3,290/mo, and annual cash flow records $6,864/yr on $132,600 to close. Return on cash invested measures 25.09% and rental yield reads 9.87% at the current $399,999. Equity gained on principal adds $2,581/yr, and 5% annual appreciation supports $110,512 by year five. Five-year ROI prints 131.38% and total cumulative return in cash totals $174,207.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,290/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1964

0.46 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this charming ranch-style home in the heart of Niantic, offering over 1,300 square feet of comfortable living space. Featuring beautiful hardwood floors throughout, this thoughtfully updated residence includes three bedrooms and two full bathrooms, blending style with practicality. The bright and inviting layout provides a sense of peace and ease, making it perfect for everyday living or a weekend retreat by the shore. A full basement with room for expansion presents endless possibilities-whether you envision a home office, gym, or additional living space. Set in a desirable location just minutes from Niantic's beaches, restaurants, and shops, this home combines convenience with tranquility. Don't miss the opportunity to make this move-in ready property your own

Neighborhood Data

Neighborhood data shown for ZIP Code: 06357, Niantic, CT area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,030 (100%)
Owner Occupied HU	3,800 (63.0%)
Renter Occupied HU	1,172 (19.4%)
Vacant Housing Units	1,058 (17.5%)
Median Home Value	$408,576
Average Home Value	$487,963