80 Sheldon Road LOT 31GriswoldCT06351
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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
Investment property for sale in Griswold at 80 Sheldon Road LOT 31, Griswold, CT, 06351 uses $61,328 cash to close to unlock $2,022/yr annual cash flow and $169/mo monthly cash flow. Total monthly income runs $2,045/mo, and a $905/mo payment keeps the spread at $169/mo. Purchase price stands at $185,000, and rental yield measures 13.26% with $2,045/mo rent. Return on cash invested shows 23.21% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 125.76% and total cumulative return in cash records $77,127. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,045/mo property income covering a $905/mo payment rather than investor’s personal income.
Manufactured
Built in 2002
N/A lot
$N/A/sqft
$620 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 06351, Jewett City, CT area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,900 (100%) |
| Owner Occupied HU | 4,952 (71.8%) |
| Renter Occupied HU | 1,496 (21.7%) |
| Vacant Housing Units | 452 ( 6.6%) |
| Median Home Value | $331,876 |
| Average Home Value | $371,175 |
Housing Distribution
Address Breakdown
Residential
6,841
Single Family
6,654
Multi-Family
187
Businesses
268
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Listed by: Cindy Cingranelli-Tagliaferri • Priority Real Estate Group,LLC
Mls Name: Smart MLS
Mls Provider:
Mls ID: #24112372
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.