7 Windsor OvalOld SaybrookCT06475
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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 Old Saybrook at 7 Windsor Oval, Old Saybrook, CT, 06475 generates $3,799/mo in rent and, after a $2,687/mo payment, leaves $69/mo in cash flow. Total monthly income is $3,799/mo, and annual cash flow is $827/yr on $180,621 invested. Return on cash invested sits at 20.52% in year one, and rental yield is 8.3% on a $549,000 entry. Equity gained on principal adds $3,543/yr, while 5% annual appreciation builds toward $151,679 over five years. Five-year ROI reaches 106.87% and total cumulative return in cash sums $193,028. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,799/mo property income rather than buyer’s personal income.
Single Family
Built in 1961
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06475, Old Saybrook, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,058 (100%) |
| Owner Occupied HU | 3,919 (64.7%) |
| Renter Occupied HU | 884 (14.6%) |
| Vacant Housing Units | 1,255 (20.7%) |
| Median Home Value | $588,618 |
| Average Home Value | $749,501 |
Housing Distribution
Address Breakdown
Residential
4,997
Single Family
4,928
Multi-Family
69
Businesses
864
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Listed by: Joel Lucas • Coldwell Banker Realty
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24079102
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.