69 Quarry Dock RdNianticCT06357
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 Niantic at 69 Quarry Dock Rd, Niantic, CT, 06357 projects strong ROI of 2.42%. Rental yield 2.34%. With 5% annual appreciation, the property builds $1,146,568 in value over five years. Equity growth combined delivers a projected five-year ROI of 9.76%, translating into $131,252 in total cumulative return on $1,344,600 invested capital. You can finance this property with Ziffy Mortgage’s DSCR loan, which leverages the property’s income for qualification rather than your personal income.
Single Family
Built in 2004
0.57 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
5,973
Single Family
5,620
Multi-Family
353
Businesses
460
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cheryl Bertini • Redfin Corporation
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24085003
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.