675 Colonel Ledyard Highway, Ledyard, CT, 06339 | $95/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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675 Colonel Ledyard Highway, Ledyard, CT, 06339 | $95/mo Cash Flow | Ziffy

For Sale

Fix & Flip

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

Rental property for sale in Ledyard at 675 Colonel Ledyard Highway, Ledyard, CT, 06339 priced at $399,999 pairs $2,813/mo rent with $95/mo cash flow after a $1,958/mo payment. Total monthly income equals $2,813/mo, and annual cash flow comes to $1,140/yr on $132,600 invested. Return on cash invested is 20.77% in year one, and rental yield stands at 8.44% on a $399,999 basis. Equity gained on principal adds $2,581/yr, and 5% annual appreciation accumulates to $110,512 by year five. Five-year ROI measures 108.23% and total cumulative return in cash reaches $143,511. For financing, Ziffy Mortgage’s DSCR program evaluates $2,813/mo property income against a $1,958/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1955

0.78 Acres lot

$N/A/sqft

No HOA

More details about the property

Charming 3-Bedroom Home, one floor living at its best! Welcome to this beautifully updated 3-bedroom, 2-bathroom home nestled on a spacious 0.78-acre lot in the serene town of Ledyard. With 1,686 sqft of thoughtfully designed living space, this charming property offers the perfect blend of modern comfort and classic appeal. Key Features: * Bedrooms: 3 * Bathrooms: 2 * Living Area: 1,686 sqft * Lot Size: 0.78 acres * Year Built: 1955 * Property Type: Single Family * Garage: 2-car garage Why You'll Love It: * Inviting Living Spaces: Step into a bright and spacious living room, ideal for both relaxing and entertaining. The wood-burning stove adds warmth and charm, creating a cozy atmosphere while also helping to reduce heating costs. * Private Master Suite: Retreat to the generously sized master bedroom, complete with its private bath-an ideal space to unwind and recharge after a long day. * Endless Potential in the Basement: The unfinished basement offers incredible potential to expand your living space, whether you envision a home office, gym, or additional living space. * Expansive Outdoor Space: The large yard presents endless opportunities. To the left of the house, you'll find an area that was once a tennis court. This blank canvas offers the flexibility to create your dream outdoor space-be it a second garage, basketball court, tennis court, or pickleball court. * Convenient Location: Enjoy the tranquility **Being Sold AS-IS**

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