68 Wyassup RdNorth StoningtonCT06359
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 North Stonington at 68 Wyassup Rd, North Stonington, CT, 06359 at $559,000 posts ROI 20.97% with $139/mo cash flow from $3,937/mo rent. Total monthly income equals $3,937/mo, and annual cash flow records $1,667/yr on $183,911 to close. Return on cash invested measures 20.97% and rental yield reads 8.45% at the current $559,000. Equity gained on principal adds $3,607/yr, and 5% annual appreciation supports $154,441 by year five. Five-year ROI prints 109.27% and total cumulative return in cash totals $200,967.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,937/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2001
2.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06359, North Stonington, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,297 (100%) |
| Owner Occupied HU | 1,864 (81.1%) |
| Renter Occupied HU | 221 ( 9.6%) |
| Vacant Housing Units | 212 ( 9.2%) |
| Median Home Value | $413,212 |
| Average Home Value | $451,664 |
Housing Distribution
Address Breakdown
Residential
2,111
Single Family
2,111
Multi-Family
0
Businesses
120
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Nearby investment properties with comparable prices
Listed by: Carolyn Morrissey-Greer • William Pitt Sotheby's Int'l
Mls Name: StateWide MLS RI
Mls ID: #1402148